TEREX CORP·4

Mar 24, 10:11 AM ET

Gross Joshua 4

Research Summary

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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).