SACHS DAVID A 4

What Happened David A. Sachs, a director of Terex Corporation (TEX), reported a gift of 15,000 Terex shares on February 24, 2026. The Form 4 lists the transaction as a gift (code G) with a $0.00 price and $0 total proceeds. Gifts are disposals for reporting purposes but do not represent an open‑market sale.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (appears timely—filed two days after the transaction).
• Transaction type/code: Gift (G). Price per share reported: $0.00; Total proceeds: $0.
• Shares transferred: 15,000 (disposed).
• Shares owned after the transaction: not specified in the filing.
• Footnotes in the filing: F1 — ownership figures include shares received as a dividend; F2 — Mr. Sachs disclaims beneficial ownership of these shares.
• No indication of a 10b5-1 plan, tax withholding, or option exercise in this report.

Context Gifts by insiders are often for estate planning or personal reasons and do not necessarily signal a view on the company’s stock. The filing’s footnote that Mr. Sachs “disclaims beneficial ownership” suggests he may not retain economic or voting control over the gifted shares. Retail investors should treat this as an administrative transfer rather than a clear insider buy/sell signal.