Terex (NYSE: TEX) CFO adds shares through Deferred Compensation Plan purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEREX CORP Senior Vice President and CFO Jennifer Kong-Picarello acquired additional company stock through compensation-related purchases. On this Form 4, she obtained 21 shares of common stock at $58.88 per share via payroll deductions under the company’s Deferred Compensation Plan. After this transaction, she directly owns 87,614 shares, a figure that includes previously reported restricted stock units. The size of this acquisition is very small compared with her overall holdings, indicating a routine, compensation-linked increase in ownership rather than a large market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KONG-PICARELLO JENNIFER
Role
Senior Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $ .01 par value | 21 | $58.88 | $1K |
Holdings After Transaction:
Common Stock, $ .01 par value — 87,614 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: 21 shares
Acquisition price: $58.88 per share
Total holdings after transaction: 87,614 shares
3 metrics
Shares acquired
21 shares
Common stock acquired on April 7, 2026
Acquisition price
$58.88 per share
Price for the 21 acquired shares
Total holdings after transaction
87,614 shares
Direct ownership after acquisition, 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 CORP (TEX) report for Jennifer Kong-Picarello?
TEREX CORP reported that Senior Vice President and CFO Jennifer Kong-Picarello acquired 21 shares of common stock. The shares were obtained at $58.88 each through payroll deductions under the company’s Deferred Compensation Plan, reflecting a small, routine increase in her equity ownership.
Was the TEREX CORP (TEX) CFO’s transaction an open-market buy or compensation event?
The filing characterizes the transaction as a grant or award-type acquisition, with shares purchased through payroll deductions under the Deferred Compensation Plan. This points to a compensation-related program rather than a discretionary open-market purchase of TEREX CORP shares.
What does the Deferred Compensation Plan mean in TEREX CORP’s (TEX) Form 4 filing?
The Deferred Compensation Plan allows eligible participants, such as the CFO, to acquire company shares through payroll deductions. In this filing, 21 TEREX CORP shares were purchased under that plan, making the acquisition part of structured compensation rather than a one-time market trade.