[Form 4] Caterpillar Inc. Insider Trading Activity
Jason Kaiser, Group President of Caterpillar Inc., filed a Form 4 disclosing transactions dated 08/11/2025. The filing shows an acquisition of 4,091 common shares tied to employee stock options with an exercise price of $196.70, and disposals of 1,930 and 2,161 common shares at $416.80 and $417.70, respectively. Table II records 4,091 employee stock options acquired on 08/11/2025 related to a grant under the Caterpillar 2014 Long Term Incentive Plan dated 03/07/2022, with vesting in three equal annual increments. The report also notes 368 shares held indirectly in a 401(k) plan and is signed by Nicole Puza, POA, on 08/13/2025.
Jason Kaiser, Group President di Caterpillar Inc., ha presentato un Modulo 4 che dichiara operazioni datate 08/11/2025. La comunicazione riporta l'acquisto di 4,091 azioni ordinarie legate a opzioni su azioni dei dipendenti con prezzo di esercizio di $196.70, e la vendita di 1,930 e 2,161 azioni ordinarie a $416.80 e $417.70, rispettivamente. La Tabella II registra 4,091 opzioni su azioni dei dipendenti acquisite il 08/11/2025 relative a una concessione nell'ambito del Caterpillar 2014 Long Term Incentive Plan datata 03/07/2022, con maturazione in tre tranche annuali uguali. Il rapporto indica inoltre 368 azioni detenute indirettamente in un piano 401(k) ed 猫 firmato da Nicole Puza, POA, il 08/13/2025.
Jason Kaiser, Group President de Caterpillar Inc., present贸 un Formulario 4 que revela transacciones con fecha 08/11/2025. El documento muestra la adquisici贸n de 4,091 acciones ordinarias vinculadas a opciones sobre acciones de empleados con precio de ejercicio de $196.70, y la enajenaci贸n de 1,930 y 2,161 acciones ordinarias a $416.80 y $417.70, respectivamente. La Tabla II registra 4,091 opciones sobre acciones de empleados adquiridas el 08/11/2025 relacionadas con una concesi贸n en el Caterpillar 2014 Long Term Incentive Plan fechada 03/07/2022, con vesting en tres incrementos anuales iguales. El informe tambi茅n indica 368 acciones mantenidas indirectamente en un plan 401(k) y est谩 firmado por Nicole Puza, POA, el 08/13/2025.
Jason Kaiser, Group President of Caterpillar Inc.,臧� 08/11/2025 雮犾鞚� 瓯半灅毳� 瓿店皽頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 頄夓偓臧� $196.70鞚� 膦呾梾鞗� 鞀ろ啞鞓奠厴瓿� 甏�霠暣 4,091 氤错喌欤茧ゼ 旆摑頃� 雮挫毄瓿� 臧侁皝 $416.80 氚� $417.70鞐� 1,930欤检檧 2,161欤茧ゼ 觳橂秳頃� 雮挫毄鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 響� II鞐愲姅 03/07/2022鞐� 攵�鞐悳 Caterpillar 2014 Long Term Incentive Plan 甏�霠� 氤挫“旮堨溂搿滌劀 4,091臧滌潣 膦呾梾鞗� 鞀ろ啞鞓奠厴鞚� 08/11/2025鞐� 旆摑霅橃棃瓿�, 氩犾姢韺呾潃 3雲勳棎 瓯胳硱 鞐瓣皠 霃欖澕頃� 靹� 攵勴暊搿� 鞚措（鞏挫雼り碃 旮半霅橃柎 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 368欤缄皜 401(k) 頂岆灉鞐� 臧勳爲鞝侅溂搿� 氤挫湢霅橃柎 鞛堨潓鞚� 氇呾嫓頃橂┌, 08/13/2025鞐� Nicole Puza臧� POA 鞛愱博鞙茧 靹滊獏頄堨姷雼堧嫟.
Jason Kaiser, Group President de Caterpillar Inc., a d茅pos茅 un Formulaire 4 r茅v茅lant des op茅rations dat茅es du 08/11/2025. Le d茅p么t indique l'acquisition de 4,091 actions ordinaires li茅es 脿 des options d'achat d'actions salariales avec un prix d'exercice de $196.70, ainsi que la cession de 1,930 et 2,161 actions ordinaires 脿 $416.80 et $417.70, respectivement. Le Tableau II enregistre 4,091 options d'achat d'actions salariales acquises le 08/11/2025 li茅es 脿 une attribution au Caterpillar 2014 Long Term Incentive Plan dat茅e du 03/07/2022, avec un vesting r茅parti en trois annuit茅s annuelles 茅gales. Le rapport mentionne 茅galement 368 actions d茅tenues indirectement dans un plan 401(k) et est sign茅 par Nicole Puza, POA, le 08/13/2025.
Jason Kaiser, Group President von Caterpillar Inc., reichte ein Formular 4 ein, das Transaktionen vom 08/11/2025 offenlegt. Die Meldung zeigt den Erwerb von 4,091 Stammaktien im Zusammenhang mit Mitarbeiteraktienoptionen zu einem Aus眉bungspreis von $196.70 sowie die Ver盲u脽erung von 1,930 und 2,161 Stammaktien zu $416.80 bzw. $417.70. Tabelle II verzeichnet 4,091 Mitarbeiteraktienoptionen, die am 08/11/2025 erworben wurden und sich auf eine Zuteilung unter dem Caterpillar 2014 Long Term Incentive Plan vom 03/07/2022 beziehen; das Vesting erfolgt in drei gleichen j盲hrlichen Tranchen. Der Bericht vermerkt au脽erdem 368 Aktien, die indirekt in einem 401(k)-Plan gehalten werden, und ist von Nicole Puza, POA, am 08/13/2025 unterschrieben.
- Acquisition of 4,091 shares via exercise at $196.70 disclosed explicitly in Table II
- Grant and vesting details are provided (grant date 03/07/2022, 1/3 annual vesting under the 2014 Long Term Incentive Plan)
- Dispositions of 1,930 and 2,161 shares at $416.80 and $417.70 were reported, reducing direct shareholdings reported on the form
- Form shows multiple contemporaneous transactions, which makes net change in direct holdings dependent on interpreting the lines of the filing
Insights
TL;DR: Officer reported option exercise of 4,091 shares and contemporaneous disposals totaling 4,091 shares on 08/11/2025.
The Form 4 discloses a contemporaneous exercise-related acquisition of 4,091 common shares at an exercise price of $196.70 and two disposals of 1,930 and 2,161 shares at $416.80 and $417.70. The options originate from a 03/07/2022 grant under the 2014 Long Term Incentive Plan with 1/3 annual vesting. These are direct disclosures of insider activity; the filing itself does not provide commentary on intent or broader financial effects.
TL;DR: The filing documents routine insider option exercise and share dispositions, with vesting and plan details disclosed.
The report identifies Jason Kaiser as the reporting officer and Group President and provides required plan and vesting information for the options (grant date 03/07/2022, three equal vesting increments). It also discloses indirect holdings (368 shares in a 401(k) plan). The Form 4 is signed by a power of attorney, consistent with standard filing practice. The filing contains no statements about company operations or other governance actions.
Jason Kaiser, Group President di Caterpillar Inc., ha presentato un Modulo 4 che dichiara operazioni datate 08/11/2025. La comunicazione riporta l'acquisto di 4,091 azioni ordinarie legate a opzioni su azioni dei dipendenti con prezzo di esercizio di $196.70, e la vendita di 1,930 e 2,161 azioni ordinarie a $416.80 e $417.70, rispettivamente. La Tabella II registra 4,091 opzioni su azioni dei dipendenti acquisite il 08/11/2025 relative a una concessione nell'ambito del Caterpillar 2014 Long Term Incentive Plan datata 03/07/2022, con maturazione in tre tranche annuali uguali. Il rapporto indica inoltre 368 azioni detenute indirettamente in un piano 401(k) ed 猫 firmato da Nicole Puza, POA, il 08/13/2025.
Jason Kaiser, Group President de Caterpillar Inc., present贸 un Formulario 4 que revela transacciones con fecha 08/11/2025. El documento muestra la adquisici贸n de 4,091 acciones ordinarias vinculadas a opciones sobre acciones de empleados con precio de ejercicio de $196.70, y la enajenaci贸n de 1,930 y 2,161 acciones ordinarias a $416.80 y $417.70, respectivamente. La Tabla II registra 4,091 opciones sobre acciones de empleados adquiridas el 08/11/2025 relacionadas con una concesi贸n en el Caterpillar 2014 Long Term Incentive Plan fechada 03/07/2022, con vesting en tres incrementos anuales iguales. El informe tambi茅n indica 368 acciones mantenidas indirectamente en un plan 401(k) y est谩 firmado por Nicole Puza, POA, el 08/13/2025.
Jason Kaiser, Group President of Caterpillar Inc.,臧� 08/11/2025 雮犾鞚� 瓯半灅毳� 瓿店皽頃橂姅 Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞁犼碃靹滌棎電� 頄夓偓臧� $196.70鞚� 膦呾梾鞗� 鞀ろ啞鞓奠厴瓿� 甏�霠暣 4,091 氤错喌欤茧ゼ 旆摑頃� 雮挫毄瓿� 臧侁皝 $416.80 氚� $417.70鞐� 1,930欤检檧 2,161欤茧ゼ 觳橂秳頃� 雮挫毄鞚� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 響� II鞐愲姅 03/07/2022鞐� 攵�鞐悳 Caterpillar 2014 Long Term Incentive Plan 甏�霠� 氤挫“旮堨溂搿滌劀 4,091臧滌潣 膦呾梾鞗� 鞀ろ啞鞓奠厴鞚� 08/11/2025鞐� 旆摑霅橃棃瓿�, 氩犾姢韺呾潃 3雲勳棎 瓯胳硱 鞐瓣皠 霃欖澕頃� 靹� 攵勴暊搿� 鞚措（鞏挫雼り碃 旮半霅橃柎 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 368欤缄皜 401(k) 頂岆灉鞐� 臧勳爲鞝侅溂搿� 氤挫湢霅橃柎 鞛堨潓鞚� 氇呾嫓頃橂┌, 08/13/2025鞐� Nicole Puza臧� POA 鞛愱博鞙茧 靹滊獏頄堨姷雼堧嫟.
Jason Kaiser, Group President de Caterpillar Inc., a d茅pos茅 un Formulaire 4 r茅v茅lant des op茅rations dat茅es du 08/11/2025. Le d茅p么t indique l'acquisition de 4,091 actions ordinaires li茅es 脿 des options d'achat d'actions salariales avec un prix d'exercice de $196.70, ainsi que la cession de 1,930 et 2,161 actions ordinaires 脿 $416.80 et $417.70, respectivement. Le Tableau II enregistre 4,091 options d'achat d'actions salariales acquises le 08/11/2025 li茅es 脿 une attribution au Caterpillar 2014 Long Term Incentive Plan dat茅e du 03/07/2022, avec un vesting r茅parti en trois annuit茅s annuelles 茅gales. Le rapport mentionne 茅galement 368 actions d茅tenues indirectement dans un plan 401(k) et est sign茅 par Nicole Puza, POA, le 08/13/2025.
Jason Kaiser, Group President von Caterpillar Inc., reichte ein Formular 4 ein, das Transaktionen vom 08/11/2025 offenlegt. Die Meldung zeigt den Erwerb von 4,091 Stammaktien im Zusammenhang mit Mitarbeiteraktienoptionen zu einem Aus眉bungspreis von $196.70 sowie die Ver盲u脽erung von 1,930 und 2,161 Stammaktien zu $416.80 bzw. $417.70. Tabelle II verzeichnet 4,091 Mitarbeiteraktienoptionen, die am 08/11/2025 erworben wurden und sich auf eine Zuteilung unter dem Caterpillar 2014 Long Term Incentive Plan vom 03/07/2022 beziehen; das Vesting erfolgt in drei gleichen j盲hrlichen Tranchen. Der Bericht vermerkt au脽erdem 368 Aktien, die indirekt in einem 401(k)-Plan gehalten werden, und ist von Nicole Puza, POA, am 08/13/2025 unterschrieben.
FAQ
What transactions did Jason Kaiser report on Form 4 (CAT)?
What was the exercise price of the options exercised by Jason Kaiser?
When were the options granted and what is the vesting schedule?
Does the Form 4 report any indirect holdings for Jason Kaiser?
Who signed the Form 4 and when was it signed?
