CARROLL PATRICK S 4

What Happened

• Patrick S. Carroll, President, Environmental Solutions at Terex Corporation (TEX), had two related equity events on Feb 27, 2026: 62 restricted shares were forfeited (a disposition to the issuer) and 16 performance shares were issued to him (an award/acquisition). Both items were reported with $0 cash value on the Form 4.

Key Details

• Transaction date: 2026-02-27; Form 4 filed 2026-03-03 (filed within the standard 2-business-day window).
• Disposition: 62 shares to the issuer, price reported $0 (footnote F1: these were restricted shares forfeited under 2025 performance awards).
• Acquisition: 16 shares awarded, price reported $0 (footnote F3: performance shares earned because the company exceeded 2025 performance targets).
• Footnote F2 notes totals include previously reported restricted stock units.
• Shares owned after the transactions: not specified in the filing.

Context

• These were internal equity adjustments (forfeiture and performance award), not open-market purchases or sales — no cash changed hands per the filing. Performance shares reflect meeting/exceeding grant performance criteria; forfeitures reflect plan terms. Such administrative equity events are routine and do not by themselves indicate insider market sentiment.