Caterpillar (CAT) Group President De Lange exercises options, sells shares at about $720

Rhea-AI Filing Summary

Caterpillar Inc. Group President Bob De Lange reported several equity transactions involving company stock. On February 6, 2026, he exercised 28,034 employee stock options at $138.35 per share, receiving the same number of Caterpillar common shares.

On the same day, De Lange had 5,378 shares withheld in a transaction coded "F" at a price of $721.12 per share, typically used to cover taxes on equity awards. He also sold 22,656 shares of common stock in a market transaction coded "S" at a weighted average price of $720.11 per share, with individual trades ranging from $720.02 to $721.01. After these transactions, he directly owned 79,953 Caterpillar shares.

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

OMB Number:			3235-0287
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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).

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^*

De Lange Bob

(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)
	Group President

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		M		28,034	A	$138.35	107,987	D
Common Stock	02/06/2026		F		5,378	D	$721.12	102,609	D
Common Stock	02/06/2026		S		22,656	D	$720.11(1)	79,953	D

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
Employee Stock Options	$138.35	02/06/2026		M			28,034	(2)	03/04/2029	Common Stock	28,034	$138.35	0	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $720.02 to $721.01. 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.

2. The stock options were granted pursuant to the Caterpillar Inc. 2014 Long-Term Incentive Plan on March 4, 2019 and vest equally in 1/3 increments in the first, second and thired anniversaries of the grant date.

	/s/ Nicole Puza, POA for Bob De Lange	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** 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) executive Bob De Lange report?

Bob De Lange reported exercising 28,034 employee stock options at $138.35 per share, receiving the same number of Caterpillar common shares, then selling 22,656 shares at a weighted average price of $720.11 and having 5,378 shares withheld, all on February 6, 2026.

How many Caterpillar (CAT) shares does Bob De Lange own after these Form 4 transactions?

After the reported transactions, Bob De Lange directly owns 79,953 shares of Caterpillar common stock. This reflects the effect of his option exercise, tax-related share withholding, and open-market sale, as detailed in the Form 4 filed for February 6, 2026.

What stock options did Bob De Lange exercise in the Caterpillar (CAT) Form 4 filing?

De Lange exercised 28,034 employee stock options with an exercise price of $138.35 per share. These options were granted under the Caterpillar Inc. 2014 Long-Term Incentive Plan on March 4, 2019 and vest in equal one-third installments over three years from the grant date.

At what prices were Bob De Lange’s Caterpillar (CAT) share sales executed?

The 22,656-share sale was executed at a weighted average price of $720.11 per share, with individual trades occurring between $720.02 and $721.01. The Form 4 notes he will provide detailed trade breakdowns upon request to regulators, the issuer, or its shareholders.

What does the transaction code "F" mean in the Caterpillar (CAT) Form 4 for Bob De Lange?

The "F" code in De Lange’s Form 4 indicates a transaction where 5,378 shares were withheld at $721.12 per share. This code typically reflects shares retained by the issuer to cover tax obligations arising from equity awards, rather than an open-market purchase or sale.