STOCK TITAN

Terex (NYSE: TEX) director awarded 3,760-share grant as annual retainer

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

Rhea-AI Filing Summary

SACHS DAVID A reported acquisition or exercise transactions in this Form 4 filing.

Terex Corp director David A. Sachs reported a stock grant under the company’s long-term incentive plan. He received 3,760 shares of common stock at a reference price of $71.81 per share as payment of his annual director retainer, increasing his directly held shares to 279,590.

The filing also lists indirect holdings of 8,300 shares held by his wife and 137,500 shares held by a family LLC, for which Sachs disclaims beneficial ownership. This grant is compensation-related rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider SACHS DAVID A
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $.01 3,760 $71.81 $270K
holding Common Stock, par value $.01 -- -- --
holding Common Stock, par value $.01 -- -- --
Holdings After Transaction: Common Stock, par value $.01 — 279,590 shares (Direct, null); Common Stock, par value $.01 — 137,500 shares (Indirect, By family LLC)
Footnotes (1)
  1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer. Ownership includes shares received as a dividend. Mr. Sachs disclaims the beneficial ownership of such shares.
Stock grant 3,760 shares Common stock award as annual director retainer
Grant reference price $71.81/share Price reported for 3,760-share award
Direct holdings after grant 279,590 shares Terex common stock held directly by Sachs
Indirect holdings by wife 8,300 shares Common stock held indirectly by wife
Indirect holdings by family LLC 137,500 shares Common stock held indirectly by family LLC
Acquire transactions 1 transaction Grant/award acquisition reported in Form 4
long-term incentive plans financial
"Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer."
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
annual director retainer financial
"Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer."
beneficial ownership financial
"Mr. Sachs disclaims the beneficial ownership of such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"Ownership includes shares received as a dividend. Mr. Sachs disclaims the beneficial ownership of such shares."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
SACHS DAVID A

(Last)(First)(Middle)
C/O TEREX CORPORATION
301 MERRITT 7

(Street)
NORWALK CONNECTICUT 06851

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.0106/26/2026A3,760(1)A$71.81279,590(2)D
Common Stock, par value $.01137,500IBy family LLC
Common Stock, par value $.018,300(3)IBy Wife
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares granted pursuant to one of the Company's long-term incentive plans representing payment of annual director retainer.
2. Ownership includes shares received as a dividend.
3. Mr. Sachs disclaims the beneficial ownership of such shares.
Remarks:
/s/Scott J. Posner, by power of attorney06/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)