Caterpillar (NYSE: CAT) executive reports stock and option holdings

Rhea-AI Filing Summary

Caterpillar Inc. Group President Rodney Michael Shurman filed a Form 3 reporting his beneficial ownership in Caterpillar common stock and stock options. He holds 183 common shares directly and 6,727 common shares indirectly through a 401(k) plan, based on a statement dated as of December 31, 2025.

He also holds employee stock options for 7,917 shares at $253.98 expiring 03/06/2033, 2,997 shares at $338.65 expiring 03/04/2034, and 2,509 shares at $332.04 expiring 03/03/2035. Each grant vests in equal one‑third installments on the first, second, and third anniversaries of its grant date.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Shurman Rodney Michael

Role Group President

Type	Security	Shares	Price	Value
holding	Employee Stock Options	--	--	--
holding	Employee Stock Options	--	--	--
holding	Employee Stock Options	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Options — 7,917 shares (Direct); Common Stock — 183 shares (Direct); Common Stock — 6,727 shares (Indirect, Held by 401(k) Plan)

Footnotes (1)

1. The information in this report is based on a 401(k) plan statement dated as of December 31, 2025. The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on 03/06/2023 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date. 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. 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.

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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

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1. Name and Address of Reporting Person^*

Shurman Rodney Michael

(Last) (First) (Middle)

5205 N. O'CONNOR BLVD. STE. 100

(Street)

IRVING TX 75039

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/01/2026

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

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

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

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

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	183	D
Common Stock	6,727	I	Held by 401(k) Plan(1)

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options	(2)	03/06/2033	Common Stock	7,917	$253.98	D
Employee Stock Options	(3)	03/04/2034	Common Stock	2,997	$338.65	D
Employee Stock Options	(4)	03/03/2035	Common Stock	2,509	$332.04	D

Explanation of Responses:

1. The information in this report is based on a 401(k) plan statement dated as of December 31, 2025.

2. The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on 03/06/2023 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 03/04/2024 and vest equally in 1/3 increments on the first, second and third anniversaries of the grant date.

4. 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Nicole M. Puza for Rodney M. Shurman	02/06/2026
	** 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).
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