LaDue Joseph 4

What Happened
Joseph LaDue, Vice President, CAO and Controller of Terex Corporation (TEX), was granted a total of 2,340 restricted stock units (RSUs) on March 15, 2026. The filing shows two awards: 1,755 RSUs (time‑based) and 585 RSUs (performance‑based). Both awards were reported with an acquisition price of $0.00 (typical for equity awards); no cash was paid. These are awards under the company’s long‑term incentive plan (transaction code A), i.e., compensation rather than an open‑market purchase.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (filed timely).
• Awards: 1,755 RSUs (time‑based) and 585 RSUs (performance‑based); total = 2,340 RSUs. Price reported: $0.00.
• Vesting: the 1,755 RSUs vest 1/3 each on Mar 15, 2027, 2028 and 2029 (subject to continued employment). The 585 RSUs vest in Q1 2029 only if targeted ROIC is achieved in 2026–2028; that tranche may be adjusted up or down based on performance. (Footnotes F1–F3)
• Ownership after transaction: the filing excerpt does not state total shares owned following these grants; footnote F2 notes totals include previously reported RSUs.
• Filing timeliness: filed within two business days of the transaction (timely).

Context
RSUs are a form of equity compensation that give the holder a contingent right to receive shares at vesting; no shares were sold or purchased here. Time‑based RSUs depend on continued employment; the 585 RSUs are performance‑based and only convert to shares if ROIC goals are met and may be adjusted based on actual performance. Such grants are routine executive compensation and do not, by themselves, indicate the insider’s view on near‑term stock direction.