Terex (TEX) CFO Jennifer Kong-Picarello Receives 31-Share Award

What Happened

• Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer of Terex Corp (TEX), received/acquired 31 shares on 2026-06-04 at a reported price of $63.26 per share, a total value of about $1,961. The Form 4 classifies this as a grant/award or other acquisition (code A), not a sale.

Key Details

• Transaction date and price: 2026-06-04 at $63.26 per share.
• Transaction value: ~ $1,961 for 31 shares.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — shares were purchased through payroll deductions under the company’s Deferred Compensation Plan; F2 — total includes previously reported restricted stock units.
• Filing: Form 4 was filed on 2026-06-08; the filing appears timely for a June 4 transaction.

Context

• This was an acquisition/award (not a sale). Small, routine awards or payroll-based purchases by executives are common and do not necessarily indicate a major change in insider sentiment. The filing notes the transaction involved the company’s deferred compensation plan and that totals include previously reported restricted stock units.