OCONNELL MAUREEN 4
Research Summary
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Terex (TEX) Director Maureen O'Connell Receives Award of 1,880 Shares
What Happened
- Maureen O'Connell, a director of Terex Corporation (TEX), was granted/received 1,880 shares on 2026-06-26 at a reported price of $71.81 per share, a total value of $135,003. The transaction is reported as an award/acquisition (Form 4 code A) rather than a sale.
Key Details
- Transaction date: 2026-06-26; Filing date: 2026-06-30 (filed within the Form 4 deadline).
- Price per share: $71.81; Total value: $135,003.
- Purpose: Shares were purchased under the Company’s Deferred Compensation Plan representing partial payment of the annual director retainer (footnote F1).
- Ownership reporting: The filing notes total reported ownership includes previously reported restricted stock units (F2) and shares received as a dividend (F3). The Form 4 does not list a single post-transaction total share count in this filing.
Context
- This was an award/deferral payment to a director (not an open-market purchase), which is a routine form of director compensation and not a direct market signal of insider bullishness. No options were exercised or shares sold in this transaction.