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Vanguard disaggregates holdings; reports 0 shares in Terex (NYSE: TEX)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 16 to a Schedule 13G/A reporting Terex Corp common stock. The amendment states amount beneficially owned: 0 shares (0%) after an internal realignment. The filing cites SEC Release No. 34-39538 (January 12, 1998) as the basis for disaggregated reporting of certain subsidiaries and is signed by Ashley Grim on 03/27/2026.

Positive

  • None.

Negative

  • None.

Insights

Disaggregated reporting reduced Vanguard's reported stake in Terex to zero.

The filing shows 0 shares (0%) beneficially owned following an internal realignment and separate reporting by subsidiaries pursuant to SEC Release No. 34-39538 (January 12, 1998). This is an administrative disclosure reflecting internal account structure, not a market trade.

Cash‑flow treatment and any trading activity are not described in the excerpt; subsequent filings would show if any trading occurred under separate accounts.

The amendment clarifies beneficial‑ownership attribution under SEC release guidance.

The statement that certain subsidiaries will report separately follows the release referenced explicitly and the filing attributes beneficial ownership on a disaggregated basis. The signer is the Head of Global Fund Administration and the form is dated 03/27/2026.

Materiality is administrative: this disclosure updates reporting structure rather than announcing a transaction or change in economic exposure.






880779103

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

Does Vanguard report owning Terex (TEX) shares in this filing?

No, the filing states 0 shares (0%) beneficially owned. The amendment reflects an internal reorganization and disaggregated reporting under SEC Release No. 34-39538.

What caused Vanguard to report zero ownership of TEX here?

An internal realignment at The Vanguard Group changed reporting structure. Certain subsidiaries now report separately in reliance on SEC Release No. 34-39538 (Jan 12, 1998), per the amendment.

Who signed the Schedule 13G/A amendment for Vanguard?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, and dated 03/27/2026, as shown in the filing excerpt.

Does this 13G/A amendment indicate Vanguard sold Terex shares?

No, the filing describes disaggregated reporting and lists 0 shares; it does not state any sale, purchase, or cash‑flow treatment in the provided excerpt.

Which SEC guidance does Vanguard cite for the reporting change?

The amendment cites SEC Release No. 34-39538 (January 12, 1998) as the basis for subsidiaries and business divisions to report beneficial ownership separately.
Terex Corp

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