Form 4: Terex Corp VP, CAO, and Controller Stephen Johnston Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephen Johnston, VP, CAO, and Controller of Terex Corp, reports a decrease in common stock holdings due to forfeited restricted stock.
Summary
- On February 27, 2025, Stephen Johnston, VP, CAO, and Controller of Terex Corp, reported a transaction involving Terex Corp common stock.
- Mr. Johnston forfeited 387 shares of common stock due to the terms of performance awards granted in 2022, 2023, and 2024.
- Following the transaction, Mr. Johnston beneficially owns 14,312 shares of Terex Corp common stock, which includes shares received as a dividend.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in ownership for one of Terex's officers.
Stakeholder Impact
- The change in ownership is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Stephen Johnston forfeited 387 shares of Terex Corp common stock. |
| 03/03/2025 | Date of signature for the report. |
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