Last updated: 29 May 2024 at 12:18pm EST

David Sachs Net Worth




The estimated Net Worth of David A Sachs is at least $8.88 Million 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.

Mr. Sachs TEX stock SEC Form 4 insiders trading

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 Sachs biography

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.

What is the salary of David Sachs?

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.



How old is David Sachs?

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.

What's David Sachs's mailing address?

David's mailing address filed with the SEC is C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK, CT, 06850.

Insiders trading at Terex

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, and John 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.



What does Terex do?

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.



What does Terex's logo look like?

Terex Corp. logo

Complete history of Mr. Sachs stock trades at Terex and Ares Dynamic Credit Allocation Fund Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
11 Dec 2023 David A Sachs
Director
Buy 50,000 $51.05 $2,552,500
11 Dec 2023
87,500
31 Oct 2023 David A Sachs
Director
Buy 7,500 $44.95 $337,125
31 Oct 2023
37,500
28 Feb 2023 David A Sachs
Director
Sale 14,313 $59.50 $851,624
28 Feb 2023
8,300
23 Feb 2023 David A Sachs
Director
Sale 13,750 $57.50 $790,625
23 Feb 2023
9,050
16 Feb 2023 David A Sachs
Director
Sale 13,750 $55.50 $763,125
16 Feb 2023
9,800
5 May 2021 David A Sachs
Director
Sale 34,736 $51.85 $1,801,062
5 May 2021
398,411
10 Mar 2020 David A Sachs
Director
Buy 20,000 $16.23 $324,600
10 Mar 2020
30,000
23 Mar 2018 David A Sachs
Director
Buy 10,250 $36.74 $376,585
23 Mar 2018
10,550
18 Aug 2017 David A Sachs
Director
Buy 3,000 $37.97 $113,910
18 Aug 2017
418,836
16 Sep 2015 David A Sachs
Director
Buy 5,000 $20.80 $104,000
16 Sep 2015
10,300
2 Jan 2015 David A Sachs
Director
Option 8,736 $22.89 $199,967
2 Jan 2015
409,353
12 Dec 2014 David A Sachs
Director
Buy 5,000 $26.41 $132,050
12 Dec 2014
20,000
10 Dec 2014 David A Sachs
Director
Buy 5,000 $27.25 $136,250
10 Dec 2014
15,000
18 Sep 2014 David A Sachs
Director
Buy 10,000 $32.86 $328,600
18 Sep 2014
10,000
2 Jan 2014 David A Sachs
Director
Option 6,916 $14.47 $100,075
2 Jan 2014
395,169
1 Jun 2012 David A Sachs
Director
Buy 5,000 $15.45 $77,250
1 Jun 2012
387,864
23 May 2012 David A Sachs
Director
Buy 2,500 $16.30 $40,750
23 May 2012
382,864
21 Sep 2011 David A Sachs
Director
Buy 10,000 $11.58 $115,800
21 Sep 2011
372,101
5 Aug 2011 David A Sachs
Director
Buy 10,000 $17.72 $177,200
5 Aug 2011
362,101
3 Aug 2011 David A Sachs
Director
Buy 17,500 $18.85 $329,875
3 Aug 2011
352,101
3 Jun 2009 David A Sachs
Director
Buy 50,000 $13.00 $650,000
3 Jun 2009
322,230
7 Dec 2015 David A Sachs
Director
Buy 7,500 $13.52 $101,400
7 Dec 2015
64,648
28 Mar 2014 David A Sachs
Director
Buy 1,700 $18.15 $30,855
28 Mar 2014
43,800
4 Oct 2013 David A Sachs
Director
Buy 1,800 $18.11 $32,598
4 Oct 2013
42,100
21 Aug 2013 David A Sachs
Director
Buy 1,800 $18.17 $32,706
21 Aug 2013
40,300
19 Aug 2013 David A Sachs
Director
Buy 1,500 $18.30 $27,450
19 Aug 2013
38,500
25 Jul 2013 David A Sachs
Director
Buy 1,000 $18.40 $18,400
25 Jul 2013
37,000
19 Jun 2013 David A Sachs
Director
Buy 3,000 $18.95 $56,850
19 Jun 2013
36,000
10 Jun 2013 David A Sachs
Director
Buy 5,000 $19.46 $97,300
10 Jun 2013
33,000
19 Mar 2013 David A Sachs
Director
Buy 500 $19.51 $9,755
19 Mar 2013
28,000
27 Nov 2012 David A Sachs
Director
Buy 27,500 $20.00 $550,000
27 Nov 2012
27,500


Terex executives and stock owners

Terex executives and other stock owners filed with the SEC include: