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TEX Form 4: Patrick Carroll Acquires 47 Shares via Payroll Deductions

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

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.

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*
CARROLL PATRICK S

(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)
Pres., Environmental Solutions
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025
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 09/03/2025 A 47(1) A $48.98 92,053(2) 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. Represents shares purchased through payroll deductions through the Company's Deferred Compensation Plan.
2. Total includes previously reported restricted stock units.
Remarks:
/s/ Scott J. Posner by power of attorney 09/05/2025
** 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 did Terex officer Patrick S. Carroll report on Form 4 (TEX)?

The filing reports an acquisition of 47 shares on 09/03/2025 at $48.98 per share through payroll deductions under the Company's Deferred Compensation Plan.

How many shares does Patrick S. Carroll beneficially own after the transaction?

The Form 4 reports 92,053 shares beneficially owned following the reported transaction, which includes previously reported restricted stock units.

When was the transaction executed and when was the Form 4 signed?

The transaction date is 09/03/2025 and the Form 4 was signed by power of attorney on 09/05/2025.

What method was used to acquire the shares reported on the Form 4?

The filing states the shares were purchased through the Company's Deferred Compensation Plan via payroll deductions.

Does the Form 4 indicate any derivative transactions?

No. The filing contains only a reported non-derivative acquisition of common stock and no derivative securities are listed.
Terex Corp

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4.01B
63.96M
2.81%
103.72%
5.27%
Farm & Heavy Construction Machinery
Industrial Trucks, Tractors, Trailors & Stackers
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United States
NORWALK