JOHNSTON STEPHEN 4

What Happened

• Stephen Johnston, VP, CAO and Controller of Terex Corporation, reported a disposition to the issuer on 2026-02-27: 29 shares disposed at $0.00, total proceeds $0.
• This was not an open-market sale but a forfeiture of restricted stock tied to performance awards (no cash changed hands).

Key Details

• Transaction date: 2026-02-27; filing date: 2026-03-03.
• Transaction type/code: Disposition to issuer (D) — forfeiture of restricted stock, price $0.00, total $0.
• Shares owned after transaction: not specified in the supplied excerpt.
• Relevant footnotes from the filing:
  • F1: Reflects shares of restricted stock forfeited under performance awards granted in 2023–2025.
  • F2: Ownership totals include shares received as a dividend.
  • F3: Total includes previously reported restricted stock units (RSUs).
• No sale proceeds and no indication in the excerpt of a trading plan or 10b5-1 arrangement.

Context

• Forfeitures of restricted stock are administrative adjustments when performance or service conditions aren’t met; they differ from open-market sales and do not necessarily reflect the insider’s view of the company.
• Because this was a forfeiture (value $0), it provides no direct price signal like a purchase or sale would.