Pambianchi Christine M 4

What Happened
Christine M. Pambianchi, Chief Human Resources Officer at Caterpillar (CAT), had 224 shares withheld to satisfy tax obligations tied to the vesting of restricted stock units. The withholding was recorded at $912.03 per share, for a total value of approximately $204,295. This was a tax-withholding disposal (not an open-market sale) and is generally a routine administrative action related to RSU vesting.

Key Details

• Transaction date: 2026-05-11; filing date: 2026-05-12 (timely filing).
• Price per share: $912.03; shares withheld/disposed: 224; total value ≈ $204,295.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: F1 — shares were withheld to satisfy tax obligations arising from RSUs granted May 9, 2025.
• Transaction code: F (tax withholding). Not a 10b5-1 sale or open-market trade.

Context
Tax-withholding transactions for vested RSUs are common and do not represent a directional purchase or sale by the insider. Because shares were withheld to cover taxes rather than sold on the open market, this filing is administrative and typically should not be interpreted as a signal about the insider’s view of the company.