TEREX CORP·4

Feb 13, 4:04 PM ET

Virnig Michael Edward 4

Research Summary

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Terex (TEX) President Michael Virnig Sells 16,330 Shares

What Happened

  • Michael Edward Virnig, President, Specialty Vehicles at Terex Corporation (TEX), sold 16,330 shares in an open-market/ private sale on February 12, 2026.
  • The reported aggregate proceeds were $1,099,826, reflecting an average sale price of $67.35 per share (individual sale prices ranged from $67.13 to $67.45).

Key Details

  • Transaction date: 2026-02-12; Form filed: 2026-02-13 (filed promptly the next day).
  • Shares sold: 16,330; average price: $67.35; reported total proceeds: $1,099,826.
  • Price range disclosed (per footnote): $67.13 to $67.45; the filer will provide a breakdown of shares sold at each price upon SEC request (Footnote F1).
  • Footnote F2: totals reported include restricted stock units.
  • No 10b5-1 trading plan, option exercise, gift, or tax-withholding event was disclosed in this filing excerpt.
  • Filing timeliness: timely (no late filing indicated).

Context

  • This was a sale (code S), which is often routine (e.g., diversification or liquidity needs) and does not by itself indicate management’s view of the company’s prospects.
  • For retail investors, purchases typically carry stronger signals than routine sales; here the filing documents a single open-market sale by a company officer.