AUGUSTINE CYNTHIA 4

What Happened Cynthia Augustine, a director of REV Group, had a total of 7,516 shares of REV Group common stock disposed on February 2, 2026 (two dispositions: 5,411 and 2,105 shares). The transactions are reported as dispositions to the issuer at $0.00 because they occurred at the effective time of REV Group’s merger into Terex. Under the merger terms each REV share was converted into 0.9809 shares of Terex common stock and $8.71 in cash — equal to roughly 7,372.44 Terex shares plus about $65,464 in cash (approximate).

Key Details

• Transaction date: February 2, 2026; reported price per share: $0.00 (disposition/cancellation due to merger).
• Shares disposed: 5,411 and 2,105 (total 7,516).
• Consideration per REV share: 0.9809 Terex shares + $8.71 cash (per the Merger Agreement).
• Resulting approximate consideration to the reporting person: ~7,372.44 Terex shares and ~$65,464 cash.
• Filing date: February 2, 2026 (timely); no 10b5-1 plan, tax withholding, or late filing noted in the provided excerpt.
• RSU treatment: Outstanding REV restricted stock units were converted into Terex RSU awards (multiplied by 1.1309) and accrued dividend equivalents were converted to a restricted cash payment (see footnotes).

Context These dispositions are merger-driven corporate actions — not open-market sales — and reflect the conversion of REV equity and RSUs into Terex consideration under the October 29, 2025 Merger Agreement. Such filings indicate the mechanics of the deal (share conversion and cash component) rather than an individual decision to sell shares on the market.