Gross Joshua 4
4 · TEREX CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Terex President Joshua Gross Receives Award, Forfeits Shares
What Happened
- Joshua Gross, President — Aerials at Terex Corporation (TEX), had two non-cash transactions reported: a disposition to the issuer (forfeiture) of 192 restricted shares and the receipt (award) of 15 performance shares. Both transactions are reported at $0.00 per share, so no cash changed hands.
Key Details
- Transaction dates: February 27, 2026; Form 4 filed March 3, 2026 (reporting period 2026-02-27).
- Disposition: 192 shares forfeited to the issuer (reported at $0.00) — see footnote F1.
- Acquisition: 15 performance shares awarded (reported at $0.00) — resulting from exceeding 2025 performance targets (see footnote F4).
- Shares owned after transaction: not specified in the provided excerpt; the filing notes total ownership includes previously reported restricted stock units (F2) and shares received as dividends (F3).
- Filing timeliness: Form filed March 3, 2026 for 2/27/2026 transactions; no late-filing indication provided in the excerpt.
Context
- These were award/forfeiture transactions related to equity compensation, not open-market buys or sells. The 192-share disposition reflects forfeiture of restricted stock under prior performance awards (F1); the 15-share entry reflects performance shares earned under 2025 awards after exceeding targets (F4). Because both entries are non-cash awards/forfeitures, they do not represent a market sale or purchase signal.
Insider Transaction Report
Form 4
TEREX CORPTEX
Gross Joshua
President - Aerials
Transactions
- Disposition to Issuer
Common Stock, $ .01 par value
[F1][F2][F3]2026-02-27−192→ 38,722 total - Award
Common Stock, $ .01 par value
[F4][F2][F3]2026-02-27+15→ 38,737 total
Footnotes (4)
- [F1]Reflects shares of restricted stock forfeited by Mr. Gross pursuant to the terms of performance awards granted in 2023, 2024 and 2025.
- [F2]Total includes previously reported restricted stock units.
- [F3]Ownership includes shares received as a dividend.
- [F4]Performance shares awarded pursuant to the terms of performance based awards granted in 2025 resulting from the Company's exceeding performance targets set out in such grant for the period ended December 31, 2025.
Signature
/s/Scott J. Posner, power of attorney|2026-03-03