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TEREX CORP — Director's Dealing 2025
Mar 18, 2025
31305_dirs_2025-03-18_70082579-8b7f-4729-bd95-afba819b1ddb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEREX CORP (TEX)
CIK: 0000097216
Period of Report: 2025-03-15
Reporting Person: Gross Joshua (President - Aerials)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-15 | Common Stock, $ .01 par value | A | 9117 | — | Acquired | 28893 | Direct |
| 2025-03-15 | Common Stock, $ .01 par value | A | 8466 | — | Acquired | 37359 | Direct |
| 2025-03-15 | Common Stock, $ .01 par value | A | 8466 | — | Acquired | 45825 | Direct |
| 2025-03-17 | Common Stock, $ .01 par value | F | 1729 | $40.31 | Disposed | 44096 | Direct |
Footnotes
F1: The shares represent 9,117 restricted stock units ("RSUs") issued by Issuer pursuant to one of its long-term incentive plans. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest as follows: 1/3 on March 15, 2026; 1/3 on March 15, 2027; and 1/3 on March 15, 2028, subject to the Reporting Person's continued employment with the Issuer on each such vesting date.
F2: Total includes reported restricted stock units.
F3: The shares represent 8,466 restricted stock units ("RSUs") issued by Issuer pursuant to one of its long-term incentive plans. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in the first quarter of 2028 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2025, 2026 and 2027. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC.
F4: The shares represent 8466 restricted stock units ("RSUs") issued by Issuer pursuant to one of its long-term incentive plans. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in the first quarter of 2028 if the Company achieves a targeted percentile rank against a peer group of companies for three year annualized total shareholder return ("TSR") for the period January 1, 2025 - December 31, 2027. The number of RSUs in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank.
F5: Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards.