JOHNSTON STEPHEN 4

What Happened
Stephen Johnston, former Vice President, CAO and Controller of Terex (TEX), had 8 shares withheld on March 20, 2026 to satisfy the tax liability from the scheduled vesting of previously granted restricted stock. The shares were valued at $58.73 each, totaling about $470. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-20; withholding price: $58.73 per share; 8 shares withheld; total ≈ $470.
• Transaction type/code: F — shares withheld to cover tax liability on vesting.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — shares withheld for tax liability associated with scheduled vesting; F2 — total includes previously reported restricted stock units; F3 — ownership includes shares received as a dividend.
• Filing: Report filed 2026-03-24 for a 2026-03-20 transaction; Form 4s are generally due within two business days, so this filing appears to have been submitted after that window.

Context
Tax-withholding dispositions are routine administrative transactions when restricted stock vests and do not represent an insider selling shares on the open market. The small value (~$470) suggests this was purely to cover withholding and not an investment-decision signal.