Denise C. Johnson, Group President of Caterpillar Inc (NYSE: CAT), sold 12,595 shares on May 14, 2026, for a total of $11,444,169.
The shares were sold at prices between $904.70 and $911.92. CAT stock has surged 157% over the past year but currently trades at $888.25.
On the same day, Johnson acquired 16,078 shares through employee stock options at an exercise price of $196.70 per share.
She also disposed of 3,473 shares to satisfy tax withholding obligations at a price of $910.55.
After these transactions, Johnson directly holds 49,825 shares. The options were granted under the 2014 Long-Term Incentive Plan in 2022.
In other news, Caterpillar reported strong Q1 earnings, beating estimates. BofA Securities, Bernstein SocGen Group, and Argus raised price targets.
Caterpillar Financial Services issued $3.25 billion in medium-term notes. Used agricultural equipment auction prices rose in April.
