Terex (TEX) executive has 9 shares withheld for taxes on vesting stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Terex Corp executive Joshua Gross reported a small, routine tax-related share disposition. On the vesting of previously granted restricted stock, 9 shares of common stock were withheld to cover associated tax liabilities, rather than sold on the open market. Following this withholding, he directly owns 54,580 shares of Terex common stock, a total that includes previously reported restricted stock units and shares received as dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gross Joshua
Role
President - Aerials
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $ .01 par value | 9 | $58.73 | $528.57 |
Holdings After Transaction:
Common Stock, $ .01 par value — 54,580 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) executive Joshua Gross report?
Joshua Gross reported a small tax-related share disposition. Terex withheld 9 shares of common stock to cover taxes on vesting restricted stock, rather than executing an open-market sale, reflecting a routine administrative transaction tied to his equity compensation.
What does the F transaction code mean in the Terex (TEX) Form 4 filing?
The F code indicates shares were used to satisfy tax obligations or exercise costs. Here, 9 Terex shares were withheld to pay taxes on vesting restricted stock, showing a non-market, compensation-related event rather than a discretionary open-market purchase or sale of shares.
Does the Joshua Gross Form 4 suggest a change in sentiment toward Terex (TEX) stock?
The filing does not signal a change in sentiment. It reflects a routine withholding of 9 shares to cover taxes on vesting restricted stock, while his post-transaction holdings remain 54,580 shares, indicating the event is administrative rather than a strategic share sale.