The estimated Net Worth of David A Sachs is at least $8.88 Milhão dollars as of 11 December 2023. Mr. Sachs owns over 50,000 units of Terex stock worth over $4,393,375 and over the last 15 years he sold TEX stock worth over $4,206,435. In addition, he makes $276,000 as Lead Independent Director at Terex.
David has made over 31 trades of the Terex stock since 2009, according to the Form 4 filled with the SEC. Most recently he bought 50,000 units of TEX stock worth $2,552,500 on 11 December 2023.
The largest trade he's ever made was buying 50,000 units of Terex stock on 11 December 2023 worth over $2,552,500. On average, David trades about 6,946 units every 104 days since 2009. As of 11 December 2023 he still owns at least 87,500 units of Terex stock.
You can see the complete history of Mr. Sachs stock trades at the bottom of the page.
David A. Sachs serves as Lead Independent Director of the Company. David A. Sachs is a Partner of Ares Management, LP (“Ares”) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and real estate equity investments. Mr. Sachs also serves as a director of Ares Dynamic Credit Allocation Fund, Inc. and CION Ares Diversified Credit Fund. Qualifications: Mr. Sachs has extensive knowledge of global capital markets and is valuable to the Board’s discussions of the Company’s capital and liquidity needs. Mr. Sachs has been a member of the Board since 1992 and accordingly has an extensive knowledge of the Company. As a result, Mr. Sachs provides vital insight to the Board on many issues, including capital markets, treasury and liquidity related matters.
As the Lead Independent Director of Terex, the total compensation of David Sachs at Terex is $276,000. There are 8 executives at Terex getting paid more, with John Garrison having the highest compensation of $8,332,600.
David Sachs is 61, he's been the Lead Independent Director of Terex since 2018. There are 3 older and 14 younger executives at Terex. The oldest executive at Terex Corp. is Paula Cholmondeley, 72, who is the Independent Director.
David's mailing address filed with the SEC is C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK, CT, 06850.
Over the last 18 years, insiders at Terex have traded over $200,696,420 worth of Terex stock and bought 410,965 units worth $10,298,313 . The most active insiders traders include Capital Management Lp Marca..., Scott W. Wine, eJohn L Jr Garrison. On average, Terex executives and independent directors trade stock every 6 days with the average trade being worth of $295,185. The most recent stock trade was executed by Andra Rush on 2 August 2024, trading 2,205 units of TEX stock currently worth $119,864.
terex corporation is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy, utility and manufacturing industries. terex has five business segments: aerial work platforms; construction; cranes; material handling & port solutions; and materials processing. terex offers financial products and services to assist in the acquisition of equipment through terex financial services. more information can be found at www.terex.com.
Terex executives and other stock owners filed with the SEC include: