Terex (NYSE: TEX) exec sees 33 shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corporation executive Kieran Hegarty, President of Materials Processing, reported a small tax-related share disposition. On the scheduled vesting of previously granted restricted stock, 33 common shares were withheld at $58.73 per share to cover tax liabilities. After this withholding, he directly holds 178,971 shares, which the disclosure notes include previously reported restricted stock units and shares received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hegarty Kieran
Role
President, Materials Processin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $.01 | 33 | $58.73 | $2K |
Holdings After Transaction:
Common Stock, par value $.01 — 178,971 shares (Direct)
Footnotes (1)
- Shares are being withheld for payment of the tax liability associated with the scheduled vesting of previously granted restricted stock. Total includes previously reported restricted stock units. Ownership includes shares received as a dividend.
FAQ
What insider transaction did Terex (TEX) report for Kieran Hegarty?
Terex reported that executive Kieran Hegarty had 33 common shares withheld to cover taxes on vested restricted stock. This was a routine Form 4 entry reflecting tax withholding, not an open-market purchase or sale of Terex shares.
Does the Terex (TEX) Form 4 indicate any change to Kieran Hegarty’s equity awards?
The filing indicates vesting of previously granted restricted stock and related tax withholding, but it does not show new grants or option exercises. Footnotes clarify that his total holdings include restricted stock units and dividend shares previously reported.