KONG-PICARELLO JENNIFER 4

4 · TEREX CORP · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Terex CFO Jennifer Kong-Picarello Withholds 2,943 Shares ($202K)

What Happened

Jennifer Kong‑Picarello, Senior Vice President and Chief Financial Officer of Terex Corporation (TEX), had 2,943 shares disposed on 2026-03-02 at $68.79 each to satisfy the tax liability on vested restricted stock, totaling $202,449.
On 2026-02-27 she also had 79 restricted shares forfeited (disposition to issuer, $0) and was awarded 20 performance shares ($0) as a result of 2025 performance awards.

Key Details

Transaction dates and prices:
- 2026-03-02: 2,943 shares withheld/disposed at $68.79 — value ~$202,449 (tax withholding for vesting) [F4].
- 2026-02-27: 79 shares forfeited to issuer at $0.00 [F1].
- 2026-02-27: 20 performance shares granted at $0.00 (award resulting from exceeding 2025 performance targets) [F3].
Shares owned after the transactions: not specified in the provided excerpt of the filing.
Notable footnotes from the filing:
- F1: 79 shares reflect restricted stock forfeited under 2025 performance awards.
- F2: Total includes previously reported restricted stock units.
- F3: 20 shares are performance shares awarded for exceeding 2025 targets.
- F4: 2,943 shares were withheld to pay the tax liability on vesting.
Filing timeliness: Report filed 2026-03-03; transactions occurred 2026-02-27 and 2026-03-02 — filing appears timely.

Context

This was a compensation-related transaction (vesting and tax withholding), not an open-market sale or purchase — routine for executives when restricted stock vests. The withholding reduces her net share count but does not necessarily signal a change in sentiment about the company.

Form 4

Period: 2026-02-27

Senior Vice President, CFO

Transactions

Disposition to Issuer
Common Stock, $ .01 par value
[F1][F2]
2026-02-27−79→ 65,299 total
Award
Common Stock, $ .01 par value
[F3][F2]
2026-02-27+20→ 65,319 total
Tax Payment
Common Stock, $ .01 par value
[F4][F2]
2026-03-02$68.79/sh−2,943$202,449→ 62,376 total

Footnotes (4)

[F1]Reflects shares of restricted stock forfeited by Ms. Kong-Picarello pursuant to the terms of performance awards granted in 2025.
[F2]Total includes previously reported restricted stock units.
[F3]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.
[F4]Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock.

Signature

/s/ Scott J. Posner by power of attorney|2026-03-03

1 file