GEORGE AMY 4
Research Summary
AI-generated summary
Terex (TEX) Senior VP Amy George Forfeits 1,150 Shares
What Happened
- Amy George, Senior Vice President, Human Resources at Terex Corporation (TEX), reported a disposition to the issuer of 1,150 shares and a concurrent acquisition of 10 shares, both dated 2026-02-27. The transactions are reported at $0.00 per share (total value $0) — the disposition reflects forfeited restricted stock and the acquisition reflects a small award grant.
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-03 (timely filing).
- Reported transaction codes: D (Disposition to issuer — 1,150 shares) and A (Award/Grant — 10 shares).
- Price reported: $0.00 per share for both transactions; total reported value $0.
- Shares owned after transaction: not specified in the provided summary.
- Relevant footnotes:
- F1: The 1,150 shares reflect restricted stock forfeited under performance awards granted in 2023–2025.
- F4: The award relates to performance shares from 2025 awards earned by exceeding targets for the period ended 12/31/2025.
- F2 and F3 note inclusion of dividend shares and previously reported RSUs in ownership totals.
Context
- This filing shows a forfeiture of previously awarded restricted stock (a reduction in holdings) and a small award grant; neither transaction involved a cash purchase or open-market sale. Forfeitures and performance-based awards are administrative outcomes of equity plans and do not, by themselves, indicate management’s buying or selling sentiment.