TEX.NYSETerex CORP

Form 4: Terex Corp Director David A. Sachs Reports Acquisition of Shares

Sentiment:

SEC Form 4 Filing


Director David A. Sachs reports acquiring 5,745 shares of Terex Corp common stock as part of a long-term incentive plan.

Summary

  • David A. Sachs, a director of Terex Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On May 15, 2025, Sachs acquired 5,745 shares of common stock at a price of $46.99 per share as part of the company's long-term incentive plan, representing payment of annual director retainer.
  • Following the transaction, Sachs directly owns 288,725 shares of Terex Corp common stock.
  • Sachs also indirectly owns 137,500 shares through a family LLC and 8,300 shares through his wife, but disclaims beneficial ownership of the shares owned by his wife.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director as part of a compensation plan. It doesn't inherently indicate positive or negative sentiment.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

DateDescription
05/15/2025Date of transaction: Acquisition of 5,745 shares of common stock.
05/19/2025Date of signature on the Form 4 filing.

Keywords

Terex Corp, David A. Sachs, Form 4, Beneficial Ownership, Director, Stock Acquisition, Long-Term Incentive Plan

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