Insider trade

Officer received an award of 14 CAT derivative securities

Traded Oct 24, 2025 · Filed Oct 27, 2025

CaterpillarCAT

14
Derivative units · @ $522.73

Why it stands out

Compensation award — excluded from discretionary-purchase analysis.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 24, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 27, 2025

OfficerGrant / award

Context

Classification

grant award

Code A — grant or award

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001104659-25-102542
Filed / recorded

Oct 27, 2025, 6:29 PM UTC

Added to OQRO

Oct 2, 2026, 3:52 AM UTC

Parser

form4-xml-v1

Data quality

Verified: identifiers matched exactly

Issuer

CATERPILLAR INC

Issuer CIK

18230

Ticker

CAT

Reporting person

Jason Kaiser

Relationship

Officer

Officer title

Group President

Security

Phantom Stock Units

Table

Derivative (Table II)

Transaction date

Oct 24, 2025

Transaction code

A

Shares / units

14

Price per share

$522.73

Acquired / disposed

Acquired (A)

Shares owned after

5,178

Ownership form

Direct

Amendment

No

Footnotes from the filing

Each phantom stock unit under the company's non-qualified deferred compensation plan as reported is generally the economic equivalent of one share of Caterpillar Inc. common stock.
This total includes 7 shares that were credited to the reporting person's account under the Supplemental Deferred Compensation Plan ("the Plan") at a price per share of $522.73 and 7 shares that were contributed to the reporting person's account pursuant to the terms of the Plan for no consideration.
The phantom stock units are to be settled for 100% in cash upon the reporting person's retirement or separation from service.
Includes adjustments for dividends accrued. Moreover, phantom stock units represent interests in an unfunded unitized company stock fund comprised of stock and cash, and therefore the number of phantom stock units the reporting person is deemed to own may change between any given dates due to differences in the percentages of cash and stock in the unitized fund on those dates.