Terex Corporation director Kathleen M. Steele reported receiving common stock with no cash paid per share following the completion of Terex’s acquisition of REV Group. On February 2, 2026, she acquired 8,551 shares of Terex common stock and an additional 2,380 shares tied to converted restricted stock units. The 2,380 Terex RSU awards are scheduled to fully vest on December 31, 2026, contingent on her continued board service or certain termination conditions.
Terex Corporation’s President of Specialty Vehicles, Michael Edward Virnig, reported stock awards tied to Terex’s merger with REV Group. On February 2, 2026, he acquired 41,748 shares of Terex common stock and an additional 46,576 Terex restricted stock units, both at a reported price of $0 per share due to the merger conversion mechanics.
After these transactions, Virnig beneficially owned 88,324 shares of Terex common stock, including the RSU awards. Of the 46,576 Terex RSU Awards, 23,766 are scheduled to vest on 12/31/2026, 17,572 on 12/31/2027, and 5,238 on 12/31/2028, subject to continued employment or applicable termination provisions.
Terex Corporation director John Canan filed an initial ownership report on common stock of Terex Corporation. As of the event date of February 2, 2026, the filing shows 0 shares of common stock beneficially owned, held in direct form. The filing is made as a single reporting person Form 3.
Terex Corporation director reports no common stock ownership
Terex Corporation director Kathleen M. Steele filed an initial ownership report showing beneficial ownership of 0 shares of Terex common stock, $0.01 par value, held directly. This Form 3 establishes her baseline insider holdings as a director of the company.
Terex Corporation director reports no common stock holdings. Maureen O’Connell, a director of Terex Corporation (symbol TEX), filed an initial ownership report stating beneficial ownership of 0 shares of Terex common stock, $0.01 par value, held directly. The filing includes a power of attorney authorizing execution of the form.
Terex Corporation director David C. Dauch filed an initial Form 3 reporting his beneficial ownership in Terex common stock. As of the event date of 02/02/2026, the filing shows he directly owns 0 shares of common stock, $0.01 par value. The form is signed by Scott J. Posner under a power of attorney.
Terex Corporation director Charles Dutil filed an initial insider ownership report showing no common stock holdings. The filing lists beneficial ownership of 0 shares of Terex common stock, held directly, as of the event date. This establishes his baseline insider position for future ownership reporting.
Terex Corporation filed an initial ownership report for executive Michael Edward Virnig. As of February 2, 2026, Virnig, who serves as President, Specialty Vehicles at Terex Corporation, reported beneficial ownership of 0 shares of the company’s common stock, held directly.
Terex Corporation completed its previously announced acquisition of REV Group, Inc. and its subsidiaries on February 2, 2026. The transaction was structured as a two‑step merger, leaving REV as a wholly owned direct subsidiary of Terex through Tag Merger Sub 2 LLC.
At the effective time of the merger, Terex expanded its board of directors to twelve members. Two directors, Paula H. J. Cholmondeley and Christopher Rossi, resigned without any disagreement on company matters, and Cholmondeley was named director emeritus in a non‑voting, advisory role. Five former REV directors—Jean Marie (John) Canan, David Dauch, Charles Dutil, Kathleen Steele and Maureen O’Connell—joined the Terex board and its key committees as independent directors. Terex also issued a press release announcing the closing, and noted that REV’s historical financial statements and related pro forma information are available in its previously filed registration statement.
Terex Corporation announced that it will host a conference call to review its fourth quarter 2025 financial results on February 11, 2026, at 8:30 a.m. Eastern Time. The company will release the results before the call, and both a live webcast and replay will be available to the public on its investor website.