Shurman Rodney Michael 4
4 · CATERPILLAR INC · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Caterpillar Group President Rodney Shurman Sells 117 Shares
What Happened
Rodney Shurman, Group President at Caterpillar (CAT), had 117 shares withheld (disposed) to satisfy tax withholding on restricted stock units that vested. The withholding was recorded at $738.42 per share, for a total value of $86,395, on March 4, 2026. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date & price: March 4, 2026 — 117 shares at $738.42/share (total $86,395).
- Transaction code: F (shares withheld to satisfy tax obligation).
- Footnote F1: Shares were withheld to cover taxes arising from RSUs granted March 4, 2024.
- Footnote F2: Report information is based on a 401(k) plan statement as of February 28, 2026.
- Shares owned after transaction: Not specified in the filing.
- Filing: Report filed March 6, 2026; covers the March 4, 2026 transaction and appears timely.
Context
Tax-withholding dispositions on RSU vesting are routine — the company withholds shares to cover required taxes rather than the insider executing a market sale. Such transactions typically do not indicate a change in the insider’s view of the company; they reflect compensation-tax mechanics rather than investment decisions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-04$738.42/sh−117$86,395→ 2,546 total
- 6,745(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Represents shares withheld from the reporting person to satisfy tax obligation arising from the vesting of restricted stock units granted on March 4, 2024.
- [F2]The information in this report is based on a 401(k) plan statement as of February 28, 2026.