Form 4: Caterpillar Inc. Executive Anthony Fassino Reports Stock Transaction

Group President Anthony Fassino of Caterpillar Inc. reports a transaction involving the withholding of shares to cover tax obligations and discloses holdings in a 401(k) plan.

Summary

• Anthony Fassino, a Group President at Caterpillar Inc., reported a transaction on January 12, 2025.
• The transaction involved the withholding of 526 common stock shares to cover tax obligations arising from the vesting of Restricted Stock Units granted on January 12, 2024.
• The price per share for the transaction was $357.5.
• Following the transaction, Fassino directly owns 33,040 shares of Caterpillar common stock.
• Fassino also indirectly owns 1,460 shares held in a 401(k) plan, based on a statement dated December 31, 2024.

Sentiment

Score: 5

Explanation: The document is a routine filing of a stock transaction related to tax obligations, which is neither positive nor negative from an investment perspective.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies. It does not indicate any unusual activity or trend within the industry.

Comparison to Industry Standards

• Executive stock transactions are common across publicly traded companies, particularly around vesting periods for equity compensation.
• The use of Form 4 filings is a standard practice for reporting changes in beneficial ownership by company insiders.
• The tax withholding of shares is a typical method for covering tax liabilities associated with equity awards.

Stakeholder Impact

• The transaction has a minor impact on the total outstanding shares of Caterpillar.
• The transaction is part of the executive compensation plan and is not expected to have a significant impact on shareholders.

Key Dates

Keywords

Caterpillar, stock transaction, Form 4, executive, Anthony Fassino, tax withholding, 401k, equity securities