Insider trade

Chair sold ~$8.67M of CAT shares in the open market

Traded Oct 10, 2025 · Filed Oct 14, 2025

CaterpillarCAT

~$8.67M
Reported value · 17K sh @ $505.29: 448K
Holds after · shares reported: +68.2%
stock since the trade · S&P 500 +17.0%, $491.30 → $826.35 on Oct 1

Why it stands out

Caterpillar's Executive Chairman sold $8.67M of Caterpillar shares. Nobody planned it ahead of time.

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 10, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 14, 2025

Chair$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$8,673,808

Shares × reported transaction price

Timing vs results

66 days after results of Aug 5, 2025, 19 days before results of Oct 29, 2025

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 $491.30 on Oct 10, 2025, within 3% of its 52-week high, after a 13% rise over the previous 30 trading days

52-week range $273.94 (Apr 8, 2025) to $502.12 (Oct 8, 2025), 95% of the way up, from 250 adjusted closes. 30 trading days earlier: $434.91 on Aug 28, 2025. 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	-3.8%	+0.4%	-4.2%
30 days	+3.7%	+1.0%	+2.7%
90 days	+19.2%	+4.3%	+14.9%
180 days	+48.3%	+3.1%	+45.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-25-099169
Filed / recorded: Oct 14, 2025, 4:47 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: Iii Donald J Umpleby
Relationship: Officer
Officer title: Executive Chairman
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Oct 10, 2025
Transaction code: S
Shares / units: 17,166
Price per share: $505.29
Acquired / disposed: Disposed (D)
Shares owned after: 448,173
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was entered as multiple trades, at prices ranging from $501.40 to $506.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request of the SEC staff, the issuer or a security holder of the issuer, full information regarding the number.

Around the same time

11mo ago

8,881Shares · @ $219.76

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

11mo ago

3,418Shares · @ $570.85

Routine share withholding; mechanical by default.

Why it stands out Official record

Officer sold11mo ago

~$584KReported value · 1,040 sh @ $561.29

Caterpillar's Group President sold $584K of Caterpillar shares. Nobody planned it ahead of time.

Why it stands out Official record