Form 4: Caterpillar Executive Donates Shares

Caterpillar Executive Chairman Donald J. Umpleby III reported a donation of 2,350 common shares.

Summary

• Donald J. Umpleby III, Executive Chairman of Caterpillar Inc. (CAT), reported a change in beneficial ownership.
• On November 28, 2025, Mr. Umpleby disposed of 2,350 shares of Caterpillar Common Stock.
• This disposition represents a donation of ordinary shares to The Ayco Charitable Foundation, a Donor Advised Fund.
• Following this transaction, Mr. Umpleby directly beneficially owns 445,879 shares of Common Stock, which includes accrued dividends.
• Additionally, Mr. Umpleby indirectly beneficially owns 59,000 shares held by an Irrevocable Trust for Descendants, 36,040 shares held by a Children's Irrevocable Trust, and 1,030 shares held by a 401(k) Plan.

Sentiment

Score: 5

Explanation: Routine insider transaction reporting a charitable donation of shares, which has a neutral impact on company sentiment.

Positives

• The donation to a charitable foundation reflects philanthropic activity by a senior executive.

Negatives

• No direct financial negatives for the company are indicated by this routine insider transaction.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing and does not provide information relevant to broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders: Minimal direct impact due to the relatively small number of shares donated compared to the company's total outstanding shares and the executive's overall holdings.
• Charitable Organizations: The Ayco Charitable Foundation benefits from the donation.

Key Dates

Keywords

Caterpillar, CAT, Form 4, insider transaction, share donation, executive ownership