Hegarty Kieran 4

What Happened

• Kieran Hegarty, President, Materials Processing at Terex Corporation (TEX), reported an open-market sale of 11,980 shares on February 17, 2026. The sale generated proceeds of approximately $829,495 (average price $69.24 per share). This was a sale (disposition), which is often routine insider selling and does not by itself indicate a change in company prospects.

Key Details

• Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18)
• Type: Open-market sale (Code S)
• Shares sold: 11,980
• Price: Average $69.24; individual sale prices ranged from $69.13 to $69.36 (footnote F1)
• Proceeds: ~$829,495
• Shares owned after transaction: Not specified in the supplied summary (filing notes ownership includes shares received as a dividend and previously reported restricted stock units — footnotes F2 and F3)
• Filing timeliness: Report filed the next day (appears timely)
• Footnotes: F1 (average price; full price-by-price breakdown available on request), F2 (ownership includes dividend shares), F3 (total includes previously reported RSUs)

Context

• This was a straightforward sale of common shares. Sales by executives are frequently routine (liquidity, diversification, tax planning) and do not necessarily signal management views on future company performance. No option exercises, gifts, or awards were reported in this transaction.