Form 4 for TEX TEREX CORP
Accepted 2025-03-18 00:00:00 ET · period of report 2025-03-15 · accession 0000097216-25-000054 · 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 | 2025-03-18 | 2025-03-15 | TEX | KONG-PICARELLO JENNIFER | SVP, CFO | A - Grant | $0.00 | +34.7K | 63.0K | +123% | $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 | 2025-03-15 | A | A | 12,156 | $0.00 | 40,412 | D | — | — | (F1) The shares represent 12,156 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 previously reported restricted stock units. |
| 2 | Common | Common Stock, $ .01 par value | 2025-03-15 | A | A | 11,288 | $0.00 | 51,700 | D | — | — | (F3) The shares represent 11,288 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. (F2) Total includes previously reported restricted stock units. |
| 3 | Common | Common Stock, $ .01 par value | 2025-03-15 | A | A | 11,288 | $0.00 | 62,988 | D | — | — | (F4) The shares represent 11,288 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. (F2) Total includes previously reported restricted stock units. |