Form 4: Terex Corp Executive Simon Meester Reports Stock Transaction
SEC Form 4 Filing
Simon Meester, President and CEO of Terex Corp, reports a transaction involving common stock to cover tax liabilities related to vesting restricted stock awards.
Summary
- On March 20, 2025, Simon Meester, President and CEO of Terex Corp, engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 53 shares to cover the tax liability associated with the vesting of previously granted restricted stock awards.
- The price per share for the transaction was $39.64.
- Following the transaction, Meester beneficially owns 230,988 shares of Terex Corp common stock, which includes previously reported restricted stock units and shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of stock ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of the stock transaction. |
| 03/24/2025 | Date of signature for the report. |
Keywords
Terex Corp, Simon Meester, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Liability, TEX
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.