TEX officer Patrick Carroll adds 44 shares via payroll deductions
Rhea-AI Filing Summary
Patrick S. Carroll, President of Environmental Solutions at Terex Corporation (TEX), reported a purchase of 44 shares of Terex common stock on 10/02/2025 at a price of $52.45 per share. After the transaction, Mr. Carroll beneficially owned 92,285 shares, a total that the filing says includes previously reported restricted stock units and shares received as a dividend. The filing notes the 44-share purchase was made through payroll deductions into the company’s Deferred Compensation Plan. The Form 4 is signed by power of attorney on 10/06/2025.
Positive
- Reported purchase through Deferred Compensation Plan aligns executive compensation with shareholder interests
- Filing discloses composition of ownership (restricted stock units and dividend-received shares), improving transparency
Negative
- None.
Insights
Small payroll-based purchase increases executive equity alignment.
The reported 44-share purchase at $52.45 was executed via payroll deductions into the Deferred Compensation Plan, which is a common mechanism for executives to acquire stock without a separate open-market transaction. The filing also states the beneficial total of 92,285 shares includes restricted stock units and dividend-received shares, indicating a mix of compensation-derived equity.
This increases the executive's direct stake modestly and ties compensation to long-term ownership. Watch for periodic filings showing additional plan-based purchases or vesting events over the next 12 months that could change ownership materially.
Transaction is routine and transparently reported under Section 16 rules.
The Form 4 lists Mr. Carroll as an officer and reports the transaction date as 10/02/2025 with a signature by power of attorney on 10/06/2025, satisfying reporting mechanics. The explanation clarifies the purchase method and components of beneficial ownership, which helps investors understand dilution and insider alignment.
Because the single purchase is small relative to the total reported holding, it is not likely to move voting control or market perception materially in the near term; monitor subsequent Form 4 filings for any larger planned purchases or sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 44 | $52.45 | $2K |
Footnotes (1)
- Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.