Terex (TEX) CFO Jennifer Kong-Picarello Receives 21-Share Award

What Happened Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer of Terex Corporation (TEX), acquired 21 shares on April 7, 2026. The shares were recorded at $58.88 each for a reported total of $1,236. This transaction is an acquisition/award (not a sale), and represents a payroll-deferred purchase rather than an open-market investment.

Key Details

• Transaction date and price: April 7, 2026 — 21 shares at $58.88 per share (total reported $1,236).
• Form filed: April 9, 2026 (appears timely for a Form 4 reporting the April 7 transaction).
• Shares owned after transaction: Not specified in the provided filing excerpt; the filing notes totals include previously reported restricted stock units.
• Notable footnotes:
  • F1: Shares were purchased through payroll deductions under the Company’s Deferred Compensation Plan.
  • F2: Aggregate total in the filing includes previously reported restricted stock units.

Context This is a routine acquisition via the company’s deferred compensation plan rather than an open-market purchase. Such payroll-deferred awards are common for executives and do not necessarily signal a change in sentiment beyond normal compensation election choices.