Trump/Putin summit, UnitedHealth and Japan’s GDP - what’s moving markets
Terex (NYSE:TEX) Senior Vice President, General Counsel and Secretary Scott Posner, has sold 5,000 shares of the company’s common stock at a price of $50.50 on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the sale was $252,500.
Following the transaction, Posner directly owns 70,308 shares of Terex, which includes shares received as a dividend and previously reported restricted stock units.
The filing also indicates a gift transaction, where 500 shares of common stock were disposed of. The value of this transaction was $0.
In other recent news, Terex Corporation reported its earnings for the second quarter of 2025, surpassing analyst expectations. The company’s earnings per share reached $1.49, exceeding the projected $1.45. Revenue also outperformed expectations, coming in at $1.5 billion compared to the anticipated $1.44 billion. These results reflect a strong performance for the company in the quarter. Additionally, Terex has completed a re-pricing of its term loan, which is expected to save the company approximately $3 million annually in cash interest costs. The new term loan rate will be S+175 basis points, a 25 basis point improvement from the previous rate. These developments indicate strategic financial management by the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.