JOHNSTON STEPHEN 4

What Happened
Stephen Johnston, former VP, CAO and Controller of Terex Corp (TEX), had 1,799 shares withheld to cover the tax liability from the vesting of previously granted restricted stock. The shares were valued at $62.82 each, for a total of about $113,013. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (appears timely).
• Transaction type/code: F — shares withheld to satisfy tax liabilities on vesting.
• Shares withheld/disposed: 1,799 at $62.82 per share; total value shown $113,013.
• Footnotes: F1 — shares withheld to pay tax liability on vesting of restricted stock; F2 — total includes previously reported restricted stock units.
• Shares owned after transaction: not specified in the provided filing summary.

Context
Tax-withholding by withholding shares is a routine administrative step when restricted stock vests and does not represent an open-market sale or necessarily signal the insider’s view on the company. This transaction simply satisfied tax obligations tied to previously granted awards.