Hegarty Kieran 4

What Happened
Kieran Hegarty, President, Materials Processing at Terex Corp (TEX), had 33 shares withheld on March 20, 2026 to cover the tax liability associated with the scheduled vesting of previously granted restricted stock. The filing shows a per-share value of $58.73 for a total of $1,938. This transaction is coded as "F" (shares withheld for tax payment), a disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-03-20
• Transaction type/code: Tax withholding on vesting (F) — shares disposed/withheld to satisfy tax liability
• Shares withheld: 33 at $58.73 per share; total value $1,938
• Shares owned after transaction: Not specified in the provided summary; filing footnotes note totals include previously reported restricted stock units and shares received as dividends (F2, F3)
• Footnote F1: Confirms shares were withheld to pay the tax liability on vesting of restricted stock
• Filing date: 2026-03-24 — filed timely relative to the transaction date

Context
Withholding shares to cover taxes on vesting is a routine administrative action and does not represent an open-market sale or purchase. Such transactions generally do not signal an insider’s change in view about the company’s prospects.