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Terex (NYSE: TEX) VP and CAO Johnston forfeits 29 shares in Form 4 update

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Terex Corp VP and CAO Stephen Johnston reported a small share forfeiture. On February 27, 2026, he disposed of 29 shares of common stock to the issuer in a transaction coded as a disposition to issuer. The filing notes these shares were forfeited pursuant to performance awards granted in 2023, 2024 and 2025. After this adjustment, Johnston directly holds 19,568 shares, which the footnotes indicate include shares received as dividends and previously reported restricted stock units.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
JOHNSTON STEPHEN

(Last) (First) (Middle)
C/O TEREX CORP
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)
VP CAO and Controller
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 29 D(1) $0 19,568(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. Johnston pursuant to the terms of performance awards granted in 2023, 2024 and 2025.
2. Ownership includes shares received as a dividend.
3. Total includes previously reported restricted stock units.
Remarks:
/s/Scott J. Posner, by 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 transaction did Terex (TEX) disclose for Stephen Johnston?

Terex reported that VP and CAO Stephen Johnston disposed of 29 shares of common stock in a transaction coded as a disposition to issuer. The filing describes this as a forfeiture under performance award terms from 2023, 2024 and 2025.

Was the Terex (TEX) insider transaction a sale on the open market?

No, the transaction was not an open-market sale. It is coded as a disposition to issuer and the footnotes explain the 29 shares were forfeited under the terms of performance awards granted in 2023, 2024 and 2025.

How many Terex (TEX) shares does Stephen Johnston hold after this filing?

After the forfeiture, Stephen Johnston directly holds 19,568 shares of Terex common stock. Footnotes specify that this total includes shares received as dividends and previously reported restricted stock units, reflecting his updated aggregate equity position.

What caused the 29-share forfeiture reported by Terex (TEX)?

The 29 shares were forfeited by Stephen Johnston under the terms of performance awards. Footnotes state the forfeiture relates to awards granted in 2023, 2024 and 2025, indicating an adjustment tied to those multi-year incentive grants.

Does the Terex (TEX) Form 4 mention dividends or RSUs for Stephen Johnston?

Yes, the Form 4 notes that Johnston’s ownership total includes shares received as a dividend. It also specifies that the total includes previously reported restricted stock units, clarifying the composition of his reported 19,568-share direct holding.
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