Form 4 for TEX TEREX CORP
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0000097216-24-000055 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-19 | 2024-03-15+ | TEX | POSNER SCOTT | Senior VP, Gen Counsel Sec | F - Tax | $58.73 | -1,886 | 70.7K | -3% | -$110.8K |
| M | 2024-03-19 | 2024-03-15 | TEX | POSNER SCOTT | Senior VP, Gen Counsel Sec | A - Grant | $0.00 | +15.2K | 61.4K | +33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.01 par value | 2024-03-15 | F | D | 879 | $58.35 | 56,429 | D | — | — | (F1) Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards. |
| 2 | Common | Common Stock, $.01 par value | 2024-03-18 | F | D | 1,007 | $59.07 | 70,659 | D | — | — | (F1) Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock awards. |
| 3 | Common | Common Stock, $.01 par value | 2024-03-15 | A | A | 5,333 | $0.00 | 71,666 | D | — | — | (F4) Shares granted pursuant to one of the Company's long-term incentive plans with the award vesting as follows: 1/3 on March 15, 2025; 1/3 on March 15, 2026 and 1/3 on March 15, 2027. |
| 4 | Common | Common Stock, $.01 par value | 2024-03-15 | A | A | 4,952 | $0.00 | 66,333 | D | — | — | (F3) Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2027 if the Company achieves a targeted return on invested capital ("ROIC") in each of 2024, 2025 and 2026. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. |
| 5 | Common | Common Stock, $.01 par value | 2024-03-15 | A | A | 4,952 | $0.00 | 61,381 | D | — | — | (F2) Shares granted pursuant to one of the Company's long-term incentive plans with the award scheduled to vest in the first quarter of 2027 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, 2024 - December 31, 2026. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank. |