POSNER SCOTT 4

What Happened

• Scott Posner, Senior Vice President and General Counsel of Terex Corp (TEX), had 26 shares withheld to satisfy the tax liability tied to the vesting of previously granted restricted stock. The withholding was recorded on 2026-03-20 at $58.73 per share, totaling approximately $1,526.98 (~$1,527). This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-20 — 26 shares at $58.73 each.
• Total value withheld: ~$1,526.98 (reported as $1,527).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: Shares withheld to pay the tax liability from scheduled vesting of previously granted restricted stock.
  • F2: Total holdings include previously reported restricted stock units (RSUs).
  • F3: Ownership figure includes shares received as a dividend.
• Filing timeliness: Form 4 was filed on 2026-03-24, which is within the standard two-business-day window following the 2026-03-20 transaction (timely).

Context

• This was a routine tax-withholding action tied to equity vesting (a common administrative disposition) rather than a discretionary sale or purchase. Such withholdings are standard when restricted stock vests and do not, by themselves, signal a change in the insider’s view of the company. Transaction code F denotes shares retained to cover taxes.