JOHNSTON STEPHEN 4

What Happened Stephen Johnston, former Vice President, CAO and Controller of Terex (TEX), had 1,886 shares withheld on 2026-03-15 to cover the tax liability associated with the scheduled vesting of previously granted restricted stock. The shares were valued at $59.41 each, for a total value of approximately $112,047. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-15 at $59.41 per share.
• Shares withheld/disposed: 1,886 shares; total value ≈ $112,047.
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnotes: F1 — shares withheld to pay tax liability on vested restricted stock; F2 — total includes previously reported restricted stock units.
• Shares owned after transaction: Not disclosed on the Form 4.
• Filing timeliness: Report filed 2026-03-17 for a 2026-03-15 transaction (filed timely under Form 4 rules).

Context Tax-withholding share dispositions are common when restricted stock vests; the company retains (or "withholds") shares instead of requiring cash payment for taxes. These transactions generally reflect routine tax compliance rather than a judgment about the insider’s view of the company.