Caterpillar (CAT) executive De Lange sold 22,656 shares for $16.3M at $720.11
Insider transactions reported
Bob De Lange (Group President at Caterpillar Inc., CAT) reported that they sold 22,656 shares for $16.3M at $720.11, and acquired 28,034 shares at $138.35, and gave up 5,378 shares at $721.12 to cover taxes or an exercise price on Feb 6, 2026. After these transactions the filing shows 79,953 shares held directly.
- Reporting person
- De Lange Bob
- Role
- Group President
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 6, 2026 | Exercise or conversion of a derivative (M) | Common Stock | +28,034 | $138.35 | $3.88M | 107,987 direct |
| Feb 6, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock | -5,378 | $721.12 | $3.88M | 102,609 direct |
| Feb 6, 2026 | Open-market sale (S) | Common Stock1 | -22,656 | $720.11 | $16.3M | 79,953 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 6, 2026 | Exercise or conversion of a derivative (M) | Employee Stock OptionsOn 28,034 Common Stock2 | -28,034 | $138.35 | $3.88M | 0 direct |
Holdings before and after
- Employee Stock Options: 28,034 to 0 direct
Footnotes from the filing
- 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.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did De Lange report in this CAT Form 4?
Bob De Lange (Group President at Caterpillar Inc., CAT) reported that they sold 22,656 shares for $16.3M at $720.11, and acquired 28,034 shares at $138.35, and gave up 5,378 shares at $721.12 to cover taxes or an exercise price on Feb 6, 2026. After these transactions the filing shows 79,953 shares held directly.
How many CAT shares does De Lange hold after this filing?
The filing shows 79,953 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this CAT insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for CAT
Across the 13 sessions after earlier CAT headlines, the stock closed higher 8 times and lower 5 times, with a median move of 2.0% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CAT | SPY |
|---|---|---|---|
| Jan 29, 2026 | Cat Financial Reports Fourth-Quarter and Full-Year 2025 Resultsand 2 other headlines that session | +3.4% | -0.2% |
| Jan 16, 2026 | Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2025 Financial Results on January 29 | -0.0% | -0.1% |
| Jan 15, 2026 | Caterpillar Announces Leadership Transition in Construction Industries | +1.3% | +0.3% |
| Jan 7, 2026 | Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Roboticsand 2 other headlines that session | -4.3% | -0.3% |
| Jan 6, 2026 | Caterpillar Introduces Cat AI Assistant | +1.1% | +0.6% |
| Jan 5, 2026 | Caterpillar to Showcase Next Era in Industrial AI and Autonomy at CES 2026 | +3.0% | +0.7% |
Earlier insider filings at CAT
- Feb 9, 2026Group President Fassino Anthony D. exercised 8,288 shares at a strike of $196.70, covered exercise/tax liability with 2,255 shares and sold $4,356,731 worth of shares (6,033 units at $722.15) (SEC Form 4)
- Feb 6, 2026SEC Form 4 filed by Group President Johnson Denise C
- Feb 5, 2026Group President De Lange Bob exercised 20,000 shares at a strike of $138.35, covered exercise/tax liability with 3,930 shares and sold $11,328,811 worth of shares (16,070 units at $704.97) (SEC Form 4)
- Feb 4, 2026Group President Johnson Denise C exercised 57,101 shares at a strike of $214.99, covered exercise/tax liability with 17,963 shares and sold $26,655,960 worth of shares (39,138 units at $681.08) (SEC Form 4)
- Feb 3, 2026Group President Fassino Anthony D. exercised 15,000 shares at a strike of $196.70, covered exercise/tax liability with 4,329 shares and sold $7,261,082 worth of shares (10,671 units at $680.45) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Construction/Ag Equipment/Trucks
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