Terex (TEX) AI & Data chief reports 43,073 RSUs with 2027–2029 vesting

Rhea-AI Filing Summary

TEREX CORP reported the initial equity position of SVP Chief AI & Data Officer Namita Jindal on a Form 3. She holds 43,073 restricted stock units (RSUs) granted under long-term incentive plans, each representing a right to receive one share of common stock if vesting conditions are met.

Time-based RSUs vest in tranches of 7,625 units on each of 1/30/2027, 1/30/2028 and 1/30/2029, and 2,356 units on each of 3/15/2027, 3/15/2028 and 3/15/2029, subject to continued employment. Additional 6,565 RSUs vest in Q1 2029 based on a targeted return on invested capital for 2026–2028, and another 6,565 RSUs vest in Q1 2029 based on relative total shareholder return for 1/1/2026–12/31/2028.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jindal Namita

Role SVP CHIEF AI & DATA OFFICER

Type	Security	Shares	Price	Value
holding	Common Stock, $ .01 par value	--	--	--

Holdings After Transaction: Common Stock, $ .01 par value — 43,073 shares (Direct)

Footnotes (1)

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Key Figures

Total RSUs held: 43,073 RSUs Time-based RSUs (7,625 each year): 7,625 RSUs Time-based RSUs (2,356 each year): 2,356 RSUs +2 more

5 metrics

Total RSUs held 43,073 RSUs Initial equity position reported on Form 3

Time-based RSUs (7,625 each year) 7,625 RSUs Vest on 1/30/2027, 1/30/2028, 1/30/2029, subject to employment

Time-based RSUs (2,356 each year) 2,356 RSUs Vest on 3/15/2027, 3/15/2028, 3/15/2029, subject to employment

ROIC-based RSUs 6,565 RSUs Vest in Q1 2029 based on ROIC for 2026–2028

TSR-based RSUs 6,565 RSUs Vest in Q1 2029 based on relative TSR for 1/1/2026–12/31/2028

Key Terms

restricted stock units (RSUs), long-term incentive plans, return on invested capital (ROIC), total shareholder return (TSR)

4 terms

restricted stock units (RSUs) financial

"The shares include 43,073 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

long-term incentive plans financial

"The shares include 43,073 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans."

Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.

return on invested capital (ROIC) financial

"will vest in the 1st quarter of 2029 if the Company achieves a targeted return on invested capital (ROIC) in each of 2026, 2027 and 2028"

Return on invested capital (ROIC) measures how much profit a company generates from the money put into its business, including debt and equity. Think of it like the harvest you get from seeds you planted: higher ROIC means the company uses its resources more efficiently to grow earnings. Investors care because ROIC shows whether a business is creating value above its cost of financing and helps compare operational effectiveness across companies.

total shareholder return (TSR) financial

"a targeted percentile rank against a peer group of companies for 3 year annualized total shareholder return (TSR) for the period 1/1/2026 - 12/31/2028"

Total shareholder return (TSR) measures how much an investment in a company's stock has grown over a specific period by combining the change in the share price and all dividends paid, expressed as a percentage. Think of it like tracking the total balance of a savings jar that increases both from added cash (dividends) and a rising sticker price on the jar (share price); investors use TSR to compare how well different stocks or managers deliver real, money-in-hand returns.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Jindal Namita

(Last) (First) (Middle)

C/O TEREX CORPORATION

301 MERRITT 7, 4TH FLR.

(Street)

NORWALK CONNECTICUT 026851

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026

3. Issuer Name and Ticker or Trading Symbol
TEREX CORP [ TEX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP CHIEF AI & DATA OFFICER

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $ .01 par value	43,073(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares include 43,073 restricted stock units (RSUs) issued by Issuer pursuant to long-term incentive plans. Each RSU represents a contingent right to receive 1 share of the Issuer's common stock. 7,625 RSUs will vest on each of 1/30/2027, 1/30/2028 and 1/30/2029, and 2,356 RSUs will vest on each of 3/15/2027, 3/15/2028 and 3/15/2029, subject to the Reporting Person's continued employment with the Issuer on such dates. 6,565 RSUs will vest in the 1st quarter of 2029 if the Company achieves a targeted return on invested capital (ROIC) in each of 2026, 2027 and 2028, subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. 6,565 RSUs will vest in the 1st quarter of 2029 if the Company achieves a targeted percentile rank against a peer group of companies for 3 year annualized total shareholder return (TSR) for the period 1/1/2026 - 12/31/2028, subject to adjustment, up or down, based upon attainment above or below the target.

Remarks:

EXHIBIT LIST: Exhibit 24 - Power of Attorney

	/s/Scott J. Posner, power of attorney	04/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the TEX Form 3 filing report for Namita Jindal?

The Form 3 reports that SVP Chief AI & Data Officer Namita Jindal holds 43,073 restricted stock units in Terex. These RSUs are part of long-term incentive plans and will convert into common shares only if time-based and performance-based vesting conditions are satisfied.

How many Terex (TEX) RSUs held by Namita Jindal are time-based?

A total of 29,272 RSUs are subject to time-based vesting for Namita Jindal. 7,625 RSUs vest on each of 1/30/2027, 1/30/2028 and 1/30/2029, and 2,356 RSUs vest on each of 3/15/2027, 3/15/2028 and 3/15/2029, contingent on continued employment.

What performance conditions affect Namita Jindal’s TEX RSUs?

Two tranches of 6,565 RSUs each vest in Q1 2029 based on performance. One depends on Terex achieving targeted return on invested capital in 2026–2028, and the other on achieving a targeted percentile rank for three-year annualized total shareholder return versus a peer group.

Are the RSUs in the TEX Form 3 immediately convertible into shares?

The RSUs are not immediately convertible into shares; they are contingent rights. Each RSU converts into one share of Terex common stock only upon satisfying specified vesting dates, continued employment requirements, and, for certain awards, return on invested capital and total shareholder return performance goals.

Does the TEX Form 3 show any insider buying or selling by Namita Jindal?

The Form 3 does not show any open-market buying or selling by Namita Jindal. It primarily discloses an initial holding of 43,073 restricted stock units granted under long-term incentive plans, with detailed time-based and performance-based vesting schedules rather than recent trading activity.