Insider trade

CFO sold ~$783K of CAT shares in the open market

Traded Dec 1, 2025 · Filed Dec 2, 2025

CaterpillarCAT

~$783K
Reported value · 1,378 sh @ $568.57: 64K
Holds after · shares reported: +45.5%
stock since the trade · S&P 500 +12.3%, $568.06 → $826.35 on Oct 1

Why it stands out

The money chief of Caterpillar sold $783K 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: Dec 1, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 2, 2025

CFO$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$783,489

Shares × reported transaction price

Timing vs results

33 days after results of Oct 29, 2025, 59 days before results of Jan 29, 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 $568.06 on Dec 1, 2025, within 3% of its 52-week high, after an 8% rise over the previous 30 trading days

52-week range $273.94 (Apr 8, 2025) to $585.49 (Oct 29, 2025), 94% of the way up, from 250 adjusted closes. 30 trading days earlier: $527.08 on Oct 17, 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	+4.0%	+0.5%	+3.5%
30 days	+1.2%	-0.1%	+1.3%
90 days	+22.1%	-0.5%	+22.6%
180 days	+46.3%	+10.9%	+35.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-25-117686
Filed / recorded: Dec 2, 2025, 8:53 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: Andrew R J Bonfield
Relationship: Officer
Officer title: Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 1, 2025
Transaction code: S
Shares / units: 1,378
Price per share: $568.57
Acquired / disposed: Disposed (D)
Shares owned after: 64,082
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was entered as multiple trades, at prices ranging from $567.93 to $568.90. 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 of shares and prices at which the transaction was effected.
Includes adjustment for dividends accrued.