Terex (TEX) President Patrick S. Carroll Withholds 32 Shares for Taxes

What Happened

• Patrick S. Carroll, President, Environmental Solutions at Terex Corporation, had 32 shares withheld to satisfy tax liabilities related to the scheduled vesting of previously granted restricted stock. The shares are reported at $58.73 each, representing $1,879 total. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-20; Filing date: 2026-03-24.
• Price reported: $58.73 per share; 32 shares withheld; total value ~$1,879.
• Shares were withheld to pay taxes on vested restricted stock (footnote F1) — a routine, cashless withholding rather than a voluntary sale.
• Footnote highlights: total holdings reported may include previously reported restricted stock units (F2) and dividend-received shares may be included in ownership (F3).
• Shares owned after the transaction are not specified in the excerpt provided.
• Timeliness: filing was submitted four days after the transaction date; the filing does not indicate a late-report flag in the provided data.

Context

• Tax-withholding on vesting is common and generally not interpreted as a signal about the insider’s view of the company—unlike open-market purchases or voluntary sales. This was an administrative withholding to cover tax obligations on vested restricted stock.