MEESTER SIMON 4

What Happened

• Simon Meester, President & CEO and a director of Terex Corporation (TEX), reported two related transactions on Feb 27, 2026: a disposition to the issuer of 2,823 shares (reported at $0.00) and an award/grant acquisition of 72 shares (reported at $0.00). The disposition reflects forfeited restricted stock; the award reflects performance shares issued after exceeding 2025 performance targets. No cash changed hands in either transaction.

Key Details

• Transaction dates and prices:
  • Feb 27, 2026 — Disposition to issuer (D): 2,823 shares @ $0.00 (forfeiture)
  • Feb 27, 2026 — Grant/Award (A): 72 shares @ $0.00 (performance award)
• Total value received: $0 for both the disposition and the award (shares were forfeited or issued without cash payment).
• Shares owned after transaction: not specified in the excerpt provided (filing notes totals include previously reported restricted stock units and dividend shares).
• Relevant footnotes from the filing:
  • F1: The 2,823 shares were restricted stock forfeited from performance awards granted in 2023–2025.
  • F4: The 72 shares are performance shares awarded for exceeding targets for the period ended Dec 31, 2025.
  • F2/F3: Totals reported include previously reported restricted stock units and shares received as a dividend.
• Filing timeliness: Reported period 2026-02-27 and filed 2026-03-03 — this filing appears timely (filed within the required two business days).

Context

• This filing reflects internal plan adjustments (forfeiture and performance-based issuance) rather than open-market buying or selling. Forfeitures are routine under equity compensation plans when vesting conditions are not met; the award indicates some performance targets were met for 2025. These items are administrative and do not, by themselves, indicate a buy or sell market signal.