Terex (NYSE: TEX) VP and CAO Johnston forfeits 29 shares in Form 4 update
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSTON STEPHEN
Role
VP CAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, $.01 par value | 29 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.01 par value — 19,568 shares (Direct)
Footnotes (1)
- Reflects shares of restricted stock forfeited by Mr. Johnston pursuant to the terms of performance awards granted in 2023, 2024 and 2025. Ownership includes shares received as a dividend. Total includes previously reported restricted stock units.
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.
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.