Caterpillar (NYSE: CAT) CEO sells 2,500 shares in open-market trades

Rhea-AI Filing Summary

Caterpillar Inc. Chief Executive Officer Joseph E. Creed reported selling a total of 2,500 shares of Caterpillar common stock in open-market transactions on March 5, 2026. The sales were executed in several trades at reported weighted average prices of $717.01, $718.44, $719.39, $720.10, and $721.00 per share. After these sales, his directly held stake was 35,083 shares.

On March 4, 2026, 696 shares were disposed of at $738.42 per share to satisfy tax obligations from vesting restricted stock units granted on March 4, 2024. In addition to his direct holdings, he had 11,765 shares held indirectly through a 401(k) plan, based on a statement dated February 28, 2026.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Creed Joseph E

(Last) (First) (Middle)

5205 N. O'CONNOR BOULEVARD, SUITE 100

(Street)

IRVING TX 75039

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		F		696(1)	D	$738.42	37,583	D
Common Stock	03/05/2026		S		420	D	$717.01(2)	37,163	D
Common Stock	03/05/2026		S		800	D	$718.44(3)	36,363	D
Common Stock	03/05/2026		S		585	D	$719.39(4)	35,778	D
Common Stock	03/05/2026		S		575	D	$720.1(5)	35,203	D
Common Stock	03/05/2026		S		120	D	$721	35,083	D
Common Stock								11,765	I	Held by 401(k) plan(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld from the reporting person to satisfy tax obligation arising from the vesting of restricted stock units granted on March 4, 2024.

2. This transaction was executed in multiple trades at prices ranging from $716.48 to $717.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to 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.

3. This transaction was executed in multiple trades at prices ranging from $717.96 to $718.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to 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.

4. This transaction was executed in multiple trades at prices ranging from $718.99 to $719.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to 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.

5. This transaction was executed in multiple trades at prices ranging from $720.00 to $720.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to 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.

6. The information in this report is based on a 401(k) plan statement dated as of February 28, 2026.

	/s/ Nicole Puza, POA for Joseph E. Creed	03/06/2026
	** 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 4 (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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FAQ

What insider transactions did Caterpillar (CAT) CEO Joseph E. Creed report?

Joseph E. Creed reported selling 2,500 Caterpillar shares on March 5, 2026, in multiple open-market transactions, plus a 696-share tax-withholding disposition on March 4, 2026, related to vesting restricted stock units granted on March 4, 2024.

At what prices did the Caterpillar (CAT) CEO sell his shares?

The CEO’s open-market sales used weighted average prices of $717.01, $718.44, $719.39, $720.10, and $721.00 per share. A separate 696-share tax-withholding disposition occurred at $738.42 per share on March 4, 2026.

How many Caterpillar (CAT) shares does the CEO hold after these transactions?

After the reported trades, Joseph E. Creed directly held 35,083 Caterpillar shares. He also had 11,765 shares held indirectly through a 401(k) plan, based on a plan statement dated February 28, 2026.

Was part of the Caterpillar (CAT) CEO’s Form 4 activity related to taxes?

Yes. The filing states that 696 shares on March 4, 2026, were withheld to satisfy tax obligations arising from the vesting of restricted stock units originally granted on March 4, 2024, rather than being an open-market sale.

How many Caterpillar (CAT) shares did the CEO net sell in this Form 4?

Across the reported open-market transactions, the CEO sold 2,500 shares of Caterpillar common stock. In addition, 696 shares were disposed of for tax withholding, resulting in an overall reduction of his reported shareholdings.