Terex (TEX) legal chief reports forfeited stock and new performance share award
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.