REED DEBRA L 4

What Happened

• Debra L. Reed, a director of Caterpillar Inc. (CAT), was granted 211 shares on 2026-06-10. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (total reported value $0), indicating a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-10; Filing date: 2026-06-11 (filed promptly the next day).
• Shares granted: 211; Reported acquisition price: $0.00 (award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — "Includes adjustments for dividends accrued" (suggests adjustments such as dividend equivalents were factored into the award).
• No sales, option exercises, tax-withholding, or 10b5-1 plan references were reported for this transaction.

Context

• This was a compensation award to a director, which is common for board members and does not necessarily signal personal buying or selling intent. Awards are typically part of director pay programs; dividend adjustments in the footnote indicate the grant amount reflects accrued dividend equivalents or related accounting adjustments.