Terex executive sells 16,330 company shares
Terex Corporation executive Michael Edward Virnig reported an open-market sale of company stock.
Rhea-AI Filing Summary
Terex Corporation executive Michael Edward Virnig reported an open-market sale of company stock. On February 12, 2026, he sold 16,330 shares of Terex common stock at an average price of $67.35 per share, with individual trades ranging from $67.13 to $67.45. After this sale, he directly beneficially owned 71,994 shares, and this total includes previously reported restricted stock units.
Positive
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Insider Trade Summary
Net Seller: 16,330 shares
Net Sell
1 txn
Insider
Virnig Michael Edward
Role
President, Specialty Vehicles
Sold
16,330 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $ .01 par value | 16,330 | $67.35 | $1.10M |
Holdings After Transaction:
Common Stock, $ .01 par value — 71,994 shares (Direct)
Footnotes (2)
- F1. Represents average sales price. Shares sold at various prices ranging from $67.13 to $67.45. Mr. Virnig will provide upon request by the SEC staff, Terex Corporation or a security holder of Terex Corporation, the full information regarding the number of shares sold at each separate price.
- F2. Total includes reported restricted stock units.
FAQ
What insider transaction did Terex (TEX) report for Michael Edward Virnig?
Terex reported that executive Michael Edward Virnig completed an open-market sale of company stock. He sold 16,330 shares of Terex common stock on February 12, 2026, as disclosed in a Form 4 insider trading report filed with regulators.
What is Michael Edward Virnig’s role at Terex (TEX) in this Form 4 filing?
In the Form 4, Michael Edward Virnig is identified as an officer of Terex, serving as President, Specialty Vehicles. His position classifies him as a reporting person under SEC rules, requiring disclosure of transactions in Terex common stock.
Was the Terex (TEX) insider transaction a purchase or a sale?
The insider transaction was a sale of Terex common stock. The Form 4 lists transaction code “S,” indicating an open-market or private sale, and describes the activity as an open-market sale of 16,330 shares by executive Michael Edward Virnig.
Does the Terex (TEX) Form 4 state how stock sale prices were allocated?
Yes. The filing notes that $67.35 is an average sales price and that shares were sold at various prices between $67.13 and $67.45. The footnote adds Mr. Virnig will provide detailed share-by-price information upon request to interested parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.