SACHS DAVID A 4
Research Summary
AI-generated summary
Terex (TEX) Director David A. Sachs Receives 3,760-Share Award
What Happened
- David A. Sachs, a director of Terex Corporation (TEX), was granted 3,760 shares on 2026-06-26 as an award under the company’s long-term incentive plan. The grant is reported at $71.81 per share for a total value of $270,006. This was an award/compensation event (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-06-26; Filing date: 2026-06-30 (filed within the standard two business-day window).
- Shares granted: 3,760 at $71.81 per share; aggregate value reported $270,006.
- Shares owned after transaction: not specified in the provided filing details.
- Relevant footnotes from the filing:
- F1: Shares granted pursuant to the company’s long-term incentive plan as payment of the annual director retainer.
- F2: Ownership reported may include shares received as a dividend.
- F3: Mr. Sachs disclaims beneficial ownership of such shares (as noted in the filing).
- Transaction type: Award/grant (code A) — typically routine director compensation rather than a market-timed buy or sell.
Context
- Awards given as director retainers are routine compensation and do not necessarily indicate the director buying or selling based on company outlook. No sale or disposition was reported here.