Gross Joshua 4

What Happened

• Joshua Gross, President – Aerials of Terex Corp (TEX), was granted three restricted stock unit (RSU) awards totaling 17,674 RSUs on 2026-03-15 and had 1,891 shares withheld to satisfy the tax withholding obligation related to vesting. The withheld shares were disposed at $59.41 each for a total of $112,344. RSUs are not immediate stock purchases—each RSU is a contingent right to receive one share upon vesting.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely).
• Awards: 6,186 RSUs (vesting 1/3 on 3/15/27, 1/3 on 3/15/28, 1/3 on 3/15/29, subject to continued employment); 5,744 RSUs tied to multi-year ROIC goals (vesting in Q1 2029, number may be adjusted); 5,744 RSUs tied to 3‑year TSR percentile vs. peers (vesting in Q1 2029, number may be adjusted).
• Tax withholding/disposition: 1,891 shares withheld and disposed at $59.41 each to cover tax liabilities (transaction code F).
• Shares owned after transaction: Not reported on this Form 4.
• Filing timeliness: Reported on 3/17 for 3/15 transactions (appears timely). No 10b5-1 plan or late filing indicated.

Context

• RSU grants are awards (transaction code A) and represent future delivery of shares if time- and/or performance-based vesting conditions are met; they are not immediate purchases signaling a market bet.
• The withheld shares (code F) are routine tax-withholding actions common when awards vest and do not by themselves indicate a view on the stock.