MacLennan David 4

What Happened David MacLennan, a director of Caterpillar Inc. (CAT), reported an open‑market purchase of 250 shares on May 4, 2026. The reported price per share was $876.84, for a total cash outlay of $219,210. This was a direct purchase (transaction code P), not an option exercise or award.

Key Details

• Transaction date and price: May 4, 2026 — 250 shares at $876.84 each (total $219,210).
• Filing: Form 4 filed May 5, 2026 (Accession 0001104659-26-055493) — filed one day after the trade, within the typical Form 4 reporting window.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — "Includes adjustment for dividends accrued." The filing notes the reported amount includes an adjustment for accrued dividends.
• Transaction type: Open-market purchase (code P); not a derivative, gift, or tax withholding event.

Context Insider purchases are often watched by investors as one data point about how insiders are allocating capital, but they do not by themselves explain the insider’s motive. This was a straightforward buy by a company director and was reported promptly on a Form 4.