Terex (TEX) Environmental Solutions president acquires shares through deferred comp plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corp executive Patrick S. Carroll, President of Environmental Solutions, acquired 39 shares of common stock at $58.88 per share through payroll deductions under the company’s Deferred Compensation Plan. After this acquisition, he directly holds 102,143 shares of Terex common stock, a total that includes previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARROLL PATRICK S
Role
Pres., Environmental Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 39 | $58.88 | $2K |
Holdings After Transaction:
Common Stock, $ .01 par value — 102,143 shares (Direct)
Footnotes (1)
- Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan. Total includes previously reported restricted stock units.
Key Figures
Shares acquired: 39 shares
Acquisition price: $58.88 per share
Total direct holdings: 102,143 shares
3 metrics
Shares acquired
39 shares
Acquired via payroll deductions under Deferred Compensation Plan
Acquisition price
$58.88 per share
Price for the 39 newly acquired common shares
Total direct holdings
102,143 shares
Direct Terex common stock held after the transaction, including RSUs
Key Terms
Deferred Compensation Plan, restricted stock units, Form 4
3 terms
Deferred Compensation Plan financial
"Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
restricted stock units financial
"Total includes previously reported restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Terex (TEX) report for Patrick S. Carroll?
Terex reported that executive Patrick S. Carroll acquired 39 common shares through payroll deductions under the company’s Deferred Compensation Plan. This small acquisition increased his direct holdings to 102,143 shares, including previously reported restricted stock units.
What is the nature of Patrick S. Carroll’s Terex (TEX) ownership in this filing?
The filing states that Patrick S. Carroll’s 102,143 Terex common shares are held as direct ownership. It also notes that this total includes previously reported restricted stock units, reflecting both granted and accumulated equity-based compensation.