TEX Form 4: Patrick Carroll Acquires 47 Shares via Payroll Deductions
Rhea-AI Filing Summary
Terex Corporation (TEX) Form 4: Patrick S. Carroll, President, Environmental Solutions and an officer of Terex, reported a transaction dated 09/03/2025 showing an acquisition of 47 shares of Terex common stock at a price of $48.98 per share through payroll deductions under the Company's Deferred Compensation Plan. Following the reported transaction, Mr. Carroll beneficially owned 92,053 shares, which the filing states includes previously reported restricted stock units. The Form 4 was signed by power of attorney on 09/05/2025.
Positive
- Insider acquisition disclosed—the officer purchased 47 shares through the Deferred Compensation Plan, demonstrating transaction transparency
- Complete beneficial ownership disclosure—the filing states total beneficial ownership of 92,053 shares and notes inclusion of previously reported restricted stock units
Negative
- None.
Insights
TL;DR: Routine insider purchase by an officer via payroll deferrals; disclosure complies with Section 16 reporting.
This Form 4 documents a small, routine acquisition by an executive using payroll deductions under the company deferred compensation plan. The filing explicitly notes the purchase method and that total beneficial ownership includes previously reported restricted stock units. The disclosure appears complete for the reported non-derivative transaction and timely filed with a power-of-attorney signature.
TL;DR: Insignificant economic impact from a modest 47-share purchase; ownership balance reported at 92,053 shares.
The transaction size (47 shares at $48.98) is immaterial relative to typical company market caps and does not alter control or voting concentrations. The Form 4 appropriately identifies transaction code, price, and that restricted stock units are included in the beneficial ownership total, providing clear traceability for analysts tracking insider holdings.