Virnig Michael Edward 4

What Happened
Michael Edward Virnig, President, Specialty Vehicles at Terex Corporation, was recorded as acquiring two types of equity on Feb 2, 2026: 41,748 shares of Terex common stock and 46,576 restricted stock unit (RSU) awards. Both entries show an acquisition price of $0.00, reflecting conversion/assumption events tied to a merger rather than an open-market purchase.

Key Details

• Transaction date: February 2, 2026; Form filed Feb 4, 2026 (period of report 2/2/2026).
• Reported acquisitions: 41,748 shares @ $0.00 and 46,576 RSU awards @ $0.00 (transaction code A = Award/Grant).
• Beneficial ownership note: The filing states the number of shares beneficially held includes 46,576 Terex RSU Awards.
• RSU vesting schedule (per footnote): 23,766 RSUs 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.
• Filing timeliness: Filed within days after the effective transaction date; no late-filing indication in the record.

Context
These entries arose from the closing of a merger (REV Group, Inc. into Terex) where REV common shares and REV RSUs were converted/assumed by Terex. Footnote details state REV shares were converted into Terex shares (and cash merger consideration was paid to REV holders) and REV RSUs were converted into Terex RSU awards (plus any accrued dividend equivalents). The $0.00 per-share price in the Form 4 reflects this conversion/assumption process (not a market purchase or sale).