Form 4: Terex Corp: Former CFO Julie Beck Reports Changes in Beneficial Ownership

Julie Beck, former CFO of Terex Corp, reports transactions involving company stock, including tax withholding, forfeiture of restricted stock, and purchases through the deferred compensation plan.

Summary

• Former Terex CFO Julie Beck filed a Form 4 detailing changes in her beneficial ownership of Terex Corp stock.
• On April 2, 2025, 7,036 shares were withheld for payment of tax liability related to vesting restricted stock awards at a price of $38.07.
• Also on April 2, 2025, 15,448 shares of restricted stock were forfeited due to Ms. Beck leaving employment with the company.
• Additionally, on April 2, 2025, Ms. Beck acquired 1,717 shares through the company's Deferred Compensation Plan at a price of $40.21.
• Following these transactions, Ms. Beck beneficially owns 53,001 shares of Terex Corp stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Negatives

• Julie Beck forfeited 15,448 shares of restricted stock due to leaving her employment with Terex Corp.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a former executive. It doesn't necessarily reflect broader industry trends but provides insight into individual executive stock transactions.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership, but the impact is likely insignificant given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, beneficial ownership, Terex Corp, stock transactions, Julie Beck, restricted stock, deferred compensation, tax liability, TEX