Campbell Amy A. 4
Research Summary
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REV Group (REVG) CFO Amy Campbell Sells and Converts Shares in Merger
What Happened
Amy A. Campbell, Senior Vice President and Chief Financial Officer of REV Group (REVG), had multiple holdings of REV common stock and equity awards cancelled and converted on February 2, 2026 in connection with the company’s merger into Terex. The filing reports dispositions (to the issuer) totaling 51,808 REVG shares (10,600; 13,604; 11,766; 15,838) and a related deemed acquisition/grant of 13,604 shares in connection with performance awards. Under the merger terms each cancelled REVG share was converted into $8.71 in cash and 0.9809 shares of Terex common stock — implying roughly $451,248 cash and about 50,818 Terex shares attributable to the cancelled REVG shares. Several REVG equity awards were also converted into Terex restricted stock units (RSUs) or restricted awards subject to the same vesting criteria (see footnotes).
Key Details
- Transaction date: February 2, 2026 (filed same day). Price reported as $0.00 because these were cancellations/conversions under the merger, not open-market trades.
- Dispositions reported: 10,600; 13,604; 11,766; 15,838 = 51,808 REVG shares cancelled. One deemed acquisition of 13,604 related to a PSU award was also reported.
- Consideration: $8.71 cash per REVG share + 0.9809 Terex shares per REVG share (PSU/RSU conversions used a 1.1309 multiplier where specified for performance/restricted units); dividend equivalents converted to restricted cash payments.
- Shares owned after transaction: not specified in the filing.
- Notable footnotes: transactions result from the Agreement and Plan of Merger dated Oct 29, 2025; conversion mechanics for PSUs/RSUs/RSAs and related restricted cash payments are detailed in the filing.
- Timeliness: filing reports the Feb 2, 2026 effective transactions and was filed the same day (not identified as late).
Context
This activity is corporate-merger housekeeping — existing REV shares and equity awards were cancelled and converted per the merger agreement into a mix of cash, Terex common stock and Terex RSUs/restricted cash. These are not open-market sales by the officer and do not necessarily indicate personal buying or selling intent; converted RSUs and restricted awards generally remain subject to original vesting terms.