Gross Joshua 4
Research Summary
AI-generated summary
Terex (TEX) President Joshua Gross Withholds 9 Shares for Taxes
What Happened
- Joshua Gross, President – Aerials at Terex Corporation (TEX), had 9 shares withheld to satisfy the tax liability associated with the scheduled vesting of previously granted restricted stock. The withholding was at $58.73 per share for a total value of about $529. This is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-20; Withholding price: $58.73 per share; Total value withheld: ~$529.
- Shares withheld: 9 shares (disposed to cover taxes).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes from the filing:
- F1: Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock.
- F2: Total includes previously reported restricted stock units.
- F3: Ownership includes shares received as a dividend.
- Filing date vs. transaction date: Form filed 2026-03-24 for a 2026-03-20 transaction (filed 4 days after the transaction).
Context
- Tax-withholding on vested restricted stock is a routine administrative transaction and does not necessarily indicate a deliberate insider sale or change in sentiment. This was a withholding (code F) rather than an open-market sale (code S) or purchase (code P).