Terex (TEX) CFO Jennifer Kong-Picarello Receives 20-Share Award

What Happened

• Jennifer Kong-Picarello, Senior Vice President and Chief Financial Officer of Terex Corp., acquired 20 shares on 2026-07-10 as an award/acquisition at $66.57 per share, for a total value of $1,331. This filing reports the acquisition (code A) rather than a sale.

Key Details

• Transaction date and price: 2026-07-10, 20 shares at $66.57 each.
• Transaction value: $1,331 (20 × $66.57).
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes in the filing:
  • F1: These shares represent purchases through payroll deductions under the Company’s Deferred Compensation Plan.
  • F2: Total holdings include previously reported restricted stock units.
  • F3: Ownership includes shares received as a dividend.
• Filing timeliness: Reported on 2026-07-13 for a 2026-07-10 transaction — filed within the Form 4 reporting window (timely).

Context

• This is a small, routine acquisition (20 shares, ~$1.3k) tied to the company’s compensation/deferred compensation arrangements. Such awards or payroll-based purchases are common and do not by themselves indicate broader insider sentiment.