Insider trade

Director purchased ~$219K of CAT shares in the open market

Traded May 4, 2026 · Filed May 5, 2026

~$219K
Reported value · 250 sh @ $876.84: 8,206
Holds after · shares reported: -5.5%
stock since the trade · S&P 500 +6.4%, $874.78 → $826.35 on Oct 1

David Maclennan, Director's past purchases, 90 days after disclosure: 5 buys, median +6.3% vs S&P 500, beat it 4 of 5 times. Past results, not a forecast.

Why it stands out

A board member of Caterpillar spent $219K of their very own money to buy Caterpillar shares. It was the first time in 6 months that they bought.

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: May 4, 2026
Reporting period: Not applicable
Filed with the SEC: May 5, 2026

Director$100K–$500KHoldings +3%First buy in 6 moLargest by this insider

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$219,210

Shares × reported transaction price

Size band

$100K–$500K

Ownership change

+3.1%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

First purchase in 6 months

Confirmed open-market purchases by the same insider in the available history

Largest by this insider

Yes

Compared with 1 earlier confirmed purchase

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

4 days after results of Apr 30, 2026, 92 days before results of Aug 4, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $874.78 on May 4, 2026, within 2% of its 52-week high, after a 28% rise over the previous 30 trading days

52-week range $320.29 (May 7, 2025) to $890.11 (Apr 30, 2026), 97% of the way up, from 251 adjusted closes. 30 trading days earlier: $680.88 on Mar 20, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.7%	+1.2%	-3.8%
30 days	-2.4%	+0.5%	-3.0%
90 days	-5.4%	+5.1%	-10.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-26-055493
Filed / recorded: May 5, 2026, 6:00 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: David Maclennan
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 4, 2026
Transaction code: P
Shares / units: 250
Price per share: $876.84
Acquired / disposed: Acquired (A)
Shares owned after: 8,206
Ownership form: Direct
Amendment: No

Footnotes from the filing

Includes adjustment for dividends accrued.

Around the same time

4mo ago

Congress trade

$15,001 - $50,000Reported range · official band, not an exact amount

6 different filers disclosed CAT within 90 days. Disclosed 481 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

4mo ago

18Derivative units · @ $908.55

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

4mo ago

6Derivative units · @ $908.55

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

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David Maclennan, Director's past purchases, 90 days after disclosure: 5 buys, median +6.3% vs S&P 500, beat it 4 of 5 times. Past results, not a forecast.