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Terex (TEX) legal chief reports forfeited stock and new performance share award

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

Rhea-AI Filing Summary

Terex Corp Senior VP and General Counsel Scott Posner reported two equity transactions involving company common stock. He disposed of 1,688 shares in a disposition to the issuer, reflecting forfeited restricted stock tied to performance awards granted in 2023, 2024 and 2025. He also acquired 17 performance shares as a grant resulting from the company exceeding performance targets for an award granted in 2025 for the period ended December 31, 2025. After these transactions, his direct ownership totaled 68,286 shares, including shares received as dividends and previously reported restricted stock units.

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Insider POSNER SCOTT
Role Senior V.P., Gen Counsel Sec.
Type Security Shares Price Value
Disposition Common Stock, $.01 par value 1,688 $0.00 --
Grant/Award Common Stock, $.01 par value 17 $0.00 --
Holdings After Transaction: Common Stock, $.01 par value — 68,269 shares (Direct)
Footnotes (1)
  1. Reflects shares of restricted stock forfeited by Mr. Posner 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. 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.
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*
POSNER SCOTT

(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)
Senior V.P., Gen Counsel Sec.
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 1,688(1) D $0 68,269(2)(3) D
Common Stock, $.01 par value 02/27/2026 A 17(4) A $0 68,286(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. Posner 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.
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 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 Terex (TEX) executive Scott Posner report?

Scott Posner reported a disposition of 1,688 Terex common shares back to the issuer and an acquisition of 17 performance shares. The disposition reflects forfeited restricted stock, while the acquisition relates to performance-based awards granted in 2025 after exceeding targets.

Why did Scott Posner forfeit 1,688 Terex (TEX) shares?

The 1,688 Terex shares were forfeited pursuant to the terms of performance awards granted in 2023, 2024 and 2025. These forfeitures are described as a disposition to the issuer, consistent with the performance conditions attached to those prior equity grants.

What is the nature of the 17 Terex (TEX) shares acquired by Scott Posner?

The 17 acquired Terex shares are performance shares awarded under performance-based awards granted in 2025. They resulted from the company exceeding performance targets set for the period ended December 31, 2025, and are reported as a grant or award acquisition.

How many Terex (TEX) shares does Scott Posner own after these transactions?

Following the reported transactions, Scott Posner directly owns 68,286 Terex common shares. This total includes shares received as dividends and previously reported restricted stock units, as noted in the filing’s ownership-related footnotes.

Do Scott Posner’s Terex (TEX) holdings include restricted stock units and dividend shares?

Yes. The filing notes that his total ownership includes shares received as a dividend and previously reported restricted stock units. These components are part of the 68,286 Terex common shares shown as directly owned after the reported transactions.