Salami Oluseun 4
Research Summary
AI-generated summary
Terex (TEX) Director Oluseun Salami Receives 3,760-Share Award
What Happened
Director Oluseun Salami was granted 3,760 shares of Terex Corporation common stock on 2026-06-26. The award was recorded at $71.81 per share, a total value of $270,006, and is reported as an acquisition (transaction code A) — a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-26; filing date: 2026-06-30 (filed within the required reporting window).
- Shares granted: 3,760 at $71.81 per share; total reported value $270,006.
- Transaction type/code: Award/Grant (A) — shares acquired pursuant to company plan.
- Footnotes:
- F1: Shares granted under the Company's long-term incentive plan as payment of the annual director retainer.
- F2: Ownership reported by the insider includes shares received as a dividend.
- Shares owned after the transaction: not specified in the excerpt of the filing.
Context
This was a routine compensation grant under Terex’s LTIP to satisfy the annual director retainer. Such awards are common for board members and do not necessarily indicate the insider’s personal buying or selling sentiment in the market.