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CATERPILLAR INC·4

Feb 12, 7:48 PM ET

Schaupp William E 4

Research Summary

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Caterpillar (CAT) Chief Accounting Officer Receives Award; Shares Withheld

What Happened
William E. Schaupp, Chief Accounting Officer of Caterpillar Inc. (CAT), received 638 performance-based restricted stock units (RSUs) that vested on February 10, 2026. To satisfy the tax withholding obligation from the vesting, 165 shares were withheld/disposed at an effective per-share value of $744.83, totaling $122,897. The award shares were recorded at $0.00 acquisition price (typical for RSU vesting).

Key Details

  • Transaction date: 2026-02-10. Filing date: 2026-02-12 (timely filing).
  • Award: 638 shares acquired (code A) at $0.00.
  • Tax withholding: 165 shares disposed/withheld (code F) at $744.83 each, total $122,897.
  • Footnote F1: Withheld shares satisfy tax obligations from vesting of performance-based RSUs granted March 6, 2023.
  • Footnote F2: Withheld amount includes adjustment for dividends accrued.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context

  • This was a vesting of performance-based RSUs (an award), not an open-market purchase or voluntary sale. The 165-share disposition reflects tax withholding rather than a market-sale decision and is a routine administrative step when equity awards vest.