JOHNSTON STEPHEN 4
Research Summary
AI-generated summary
Terex (TEX) Former VP/Controller Stephen Johnston Sells 379 Shares
What Happened
Stephen Johnston, former Vice President, Chief Accounting Officer and Controller of Terex Corporation, sold 379 shares in an open-market transaction on June 4, 2026. The shares were disposed at an average sale price of $63.19, for total proceeds of approximately $23,949. This was a sale (liquidity event) rather than a purchase.
Key Details
- Transaction date: June 4, 2026 (reported on Form 4 filed June 8, 2026) — filing appears timely under the 2-business-day rule.
- Transaction type/code: Open-market sale (S).
- Shares sold: 379; price range reported: $63.15–$63.19; average price reported: $63.19.
- Proceeds: ~$23,949.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: Average sales price shown; shares sold at various prices ($63.15–$63.19). Johnston can provide a breakdown of shares sold at each price on request.
- F2: Indicates totals include previously reported restricted stock units.
- No 10b5-1 plan, tax-withholding, or option-exercise notation is indicated in this filing.
Context
Open-market sales by former executives are commonly routine liquidity events and do not necessarily indicate a change in company outlook. For retail investors, purchases generally carry more informational weight about insider confidence; this filing documents a modest-sized sale by a former officer.