Caterpillar's Derrick Lading York holds 1,600 shares

Q: What holdings did CAT Group President Derrick Lading York report?

As of November 1, 2026, Derrick Lading York reported 1,600 common shares, 2,536 phantom stock units, and employee stock options covering 879, 1,862, and 1,564 common shares.

Caterpillar's Group President reported common shares, three option tranches and phantom units payable in cash upon retirement or separation.

Available on EDGAR 11/02/2026 - 10:07 AM EST Accepted by SEC EDGAR 11/02/2026 - 10:07 AM EST

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Caterpillar Inc. Group President Derrick Lading York reported direct holdings as of November 1, 2026: 1,600 common shares, 2,536 phantom stock units, and employee stock options covering 879, 1,862, and 1,564 common shares. The options have exercise prices of $338.65, $332.04, and $752.18 and expire March 4, 2034, March 3, 2035, and March 2, 2036, respectively. The phantom stock units are to be settled 100% in cash upon retirement or separation from service. Each unit is generally equivalent to one common share, though the number York is deemed to own may change as the fund’s stock and cash proportions change.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider York Derrick Lading

Role Group President

Type	Security	Shares	Price	Value
Holding	Employee Stock Options ^F1	--	--	--
Holding	Employee Stock Options ^F2	--	--	--
Holding	Employee Stock Options ^F3	--	--	--
Holding	Phantom Stock Units ^{F6, F4, F5}	--	--	--
Holding	Common Stock	--	--	--

Holdings: Employee Stock Options — 4,305 contracts (Direct); Phantom Stock Units — 2,536 contracts (Direct); Common Stock — 1,600 shares (Direct)

Footnotes (6)

F1. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/04/2024 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.
F2. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/03/2025 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.
F3. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/02/2026 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.
F4. The phantom stock units were acquired under the Caterpillar Inc. Supplemental Deferred Compensation Plan and are to be settled 100% in cash upon the reporting person's retirement or separation from service.
F5. Each phantom stock unit under the company's non-qualified deferred compensation plans as reported is generally equivalent to one share of Caterpillar Inc. common stock.
F6. 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.

Key Figures

Common stock: 1,600 shares Phantom stock units: 2,536 units Option underlying common shares: 879 shares +5 more

8 metrics

Common stock 1,600 shares Direct holdings as of November 1, 2026

Phantom stock units 2,536 units Direct holdings as of November 1, 2026

Option underlying common shares 879 shares Employee stock options expiring March 4, 2034

Option underlying common shares 1,862 shares Employee stock options expiring March 3, 2035

Option underlying common shares 1,564 shares Employee stock options expiring March 2, 2036

Exercise price $338.65 per share Employee stock options expiring March 4, 2034

Exercise price $332.04 per share Employee stock options expiring March 3, 2035

Exercise price $752.18 per share Employee stock options expiring March 2, 2036

Key Terms

Supplemental Deferred Compensation Plan, phantom stock units, unfunded unitized company stock fund, Long-Term Incentive Plan

4 terms

Supplemental Deferred Compensation Plan financial

"acquired under the Caterpillar Inc. Supplemental Deferred Compensation Plan"

phantom stock units financial

"Each phantom stock unit under the company's non-qualified deferred compensation plans"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

unfunded unitized company stock fund financial

"interests in an unfunded unitized company stock fund comprised of stock and cash"

Long-Term Incentive Plan financial

"pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What holdings did CAT Group President Derrick Lading York report?

As of November 1, 2026, Derrick Lading York reported 1,600 common shares, 2,536 phantom stock units, and employee stock options covering 879, 1,862, and 1,564 common shares.

How do Derrick Lading York's CAT stock options vest?

The three option grants were made under Caterpillar Inc.’s 2023 Long-Term Incentive Plan on March 4, 2024, March 3, 2025, and March 2, 2026. Each grant vests equally in one-third increments on the first, second, and third anniversaries of its grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding Insider Trading Forms →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

York Derrick Lading

(Last)

(First)

(Middle)

5205 N. O'CONNOR BLVD. STE. 100

(Street)

IRVING

TEXAS

75039

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2026

3. Issuer Name and Ticker or Trading Symbol
CATERPILLAR INC [ CAT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Group President

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,600	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Options	⁽¹⁾	03/04/2034	Common Stock	879	$338.65	D
Employee Stock Options	⁽²⁾	03/03/2035	Common Stock	1,862	$332.04	D
Employee Stock Options	⁽³⁾	03/02/2036	Common Stock	1,564	$752.18	D
Phantom Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	2,536⁽⁵⁾	⁽⁶⁾	D

Explanation of Responses:

1. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/04/2024 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.

2. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/03/2025 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.

3. The stock options were granted pursuant to the Caterpillar Inc. 2023 Long-Term Incentive Plan on 03/02/2026 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.

4. The phantom stock units were acquired under the Caterpillar Inc. Supplemental Deferred Compensation Plan and are to be settled 100% in cash upon the reporting person's retirement or separation from service.

5. Each phantom stock unit under the company's non-qualified deferred compensation plans as reported is generally equivalent to one share of Caterpillar Inc. common stock.

6. 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Nicole M. Puza for Derrick L. York	11/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR