Terex (NYSE: TEX) aerials president reports stock forfeiture and new award

Rhea-AI Filing Summary

Terex Corp executive Joshua Gross reported offsetting equity adjustments involving company stock. On February 27, 2026, he disposed of 192 shares of common stock back to the issuer, reflecting restricted shares forfeited under performance awards granted in 2023, 2024 and 2025.

On the same date, he acquired a 15-share performance-based stock award, granted because the company exceeded performance targets for the period ended December 31, 2025. After these transactions, he directly held 38,737 shares, which the footnotes state includes previously reported restricted stock units and shares received as dividends.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gross Joshua

(Last) (First) (Middle)

C/O TEREX CORPORATION

301 MERRITT 7

(Street)

NORWALK CT 06851

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President - Aerials

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $ .01 par value	02/27/2026		D		192(1)	D	$0	38,722(2)(3)	D
Common Stock, $ .01 par value	02/27/2026		A		15(4)	A	$0	38,737(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of restricted stock forfeited by Mr. Gross pursuant to the terms of performance awards granted in 2023, 2024 and 2025.

2. Total includes previously reported restricted stock units.

3. Ownership includes shares received as a dividend.

4. Performance shares awarded pursuant to the terms of performance based awards granted in 2025 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2025.

Remarks:

	/s/Scott J. Posner, power of attorney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Joshua Gross report at TEREX CORP (TEX)?

Joshua Gross reported two equity transactions: forfeiture of 192 common shares back to Terex and a grant of 15 performance-based shares. These relate to prior and current performance awards and adjust his existing equity position rather than open-market buying or selling.

Why did Joshua Gross forfeit 192 shares of Terex (TEX) stock?

The 192 forfeited shares were restricted stock returned to Terex under performance awards granted in 2023, 2024 and 2025. Such forfeitures typically occur when award terms require adjustment based on performance or vesting conditions defined in the original grant agreements.

What is the 15-share performance award Joshua Gross received from Terex (TEX)?

Joshua Gross received a 15-share performance-based stock award tied to performance awards granted in 2025. The award resulted from Terex exceeding performance targets for the period ended December 31, 2025, increasing his equity stake through non-cash compensation rather than a market purchase.

How many Terex (TEX) shares does Joshua Gross hold after these Form 4 transactions?

Following the reported forfeiture and performance share award, Joshua Gross directly holds 38,737 Terex common shares. Footnotes clarify this figure includes previously reported restricted stock units and shares received as dividends, reflecting his full direct equity position after the adjustments.

Were Joshua Gross’s Terex (TEX) transactions open-market buys or sells?

No, the reported transactions were not open-market trades. One entry is a disposition of 192 restricted shares back to Terex, and the other is a 15-share grant from a performance award. Both are equity compensation adjustments rather than market buys or sells.