MEESTER SIMON 4

What Happened Simon Meester, President & CEO (and director) of Terex Corp (TEX), had 49 shares withheld on March 20, 2026 to satisfy the tax liability from the scheduled vesting of previously granted restricted stock. The withholding was done at $58.73 per share, for a total value of approximately $2,878. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-20; Form 4 filed 2026-03-24 (appears to be timely).
• Withheld shares: 49 at $58.73 per share; total ≈ $2,878.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Relevant footnotes:
  • F1: Shares were withheld to pay the tax liability associated with scheduled vesting of previously granted restricted stock.
  • F2: Total includes previously reported restricted stock units.
  • F3: Ownership figure includes shares received as a dividend.
• Transaction code: F = Tax withholding for vesting (routine administrative action).

Context Tax-withholding events are common when restricted stock units vest and generally reflect the mechanics of settling tax obligations rather than a CEO buying or selling based on company outlook. This action does not indicate an open-market sale by the insider and should be viewed as administrative rather than a signal of sentiment.