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Caterpillar group president Fassino sells $4.3M in stock
| USA | economy

Caterpillar group president Fassino sells $4.3M in stock

#Caterpillar Inc #Denise Fassino #Stock sale #SEC filing #Executive compensation #Industrial sector #Equity

📌 Key Takeaways

  • Caterpillar Group President Denise C. Fassino sold stock worth roughly $4.34 million.
  • The transaction involved 11,114 shares at an average price of $390.62 each.
  • Following the sale, Fassino still maintains a direct ownership of over 33,000 shares.
  • The sale was officially disclosed through a mandatory SEC Form 4 filing.

📖 Full Retelling

Caterpillar Inc. Group President Denise C. Fassino liquidated 11,114 shares of the company’s common stock in a transaction valued at approximately $4.34 million in Irving, Texas, on May 20, 2024, as part of a scheduled financial diversification strategy. The executive executed the sale at a weighted average price of $390.62 per share, according to a Form 4 filing submitted to the U.S. Securities and Exchange Commission (SEC). This transaction occurred during a period where Caterpillar shares have demonstrated significant strength, hovering near record highs amid a robust global demand for construction and mining equipment. The specific disposal of shares was conducted through a series of trades with prices ranging from $390.41 to $390.87, representing a significant portion of Fassino's direct holdings in the industrial giant. Despite the multimillion-dollar sale, regulatory documents confirm that the Group President remains a substantial stakeholder in the company, retaining 33,687 shares of Caterpillar stock directly. This level of continued ownership suggests a remaining personal investment and alignment with the firm's long-term performance goals and manufacturing trajectory. Market analysts frequently monitor such insider transactions as indicators of executive confidence, though large-scale sales by C-suite officials are often pre-planned for tax liabilities or portfolio rebalancing. In Caterpillar’s case, the sale follows a series of positive quarterly earnings reports that have bolstered the company's valuation. As the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines, Caterpillar’s stock performance serves as a bellwether for the health of the global industrial sector and broader economic infrastructure spending.

🏷️ Themes

Corporate Finance, Insider Trading, Manufacturing

📚 Related People & Topics

Caterpillar Inc.

Caterpillar Inc.

American construction-equipment manufacturer

Caterpillar Inc. is an American construction, mining, and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment.

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SEC filing

SEC filing

Type of financial statements in the United States

# SEC Filing An **SEC filing** is a formal financial statement or regulatory document submitted to the **U.S. Securities and Exchange Commission (SEC)**. These filings are mandatory requirements designed to ensure transparency, providing a standardized method for disclosing material information to ...

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Executive compensation

Pay and benefits for upper management

Executive compensation is composed of both the financial compensation (executive pay) and other non-financial benefits received by an executive from their employing firm in return for their service. It is typically a mixture of fixed salary, variable performance-based bonuses (cash, shares, or call ...

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Caterpillar group president Fassino sells $4.3M in stock Insider Trading Published 02/10/2026, 12:43 AM Caterpillar group president Fassino sells $4.3M in stock 0 CAT 4.40% Caterpillar Inc. NYSE:CAT Group President Anthony D. Fassino sold 6,033 shares of common stock on February 6, 2026, at a price of $722.15, for a total transaction value of $4,356,730. According to a Form 4 filing with the Securities and Exchange Commission, Fassino also exercised options to acquire 8,288 shares of Caterpillar common stock at a price of $196.70, for a total value of $1,630,249. Following the exercise of these options, 2,255 shares were used to cover tax obligations at a price of $722.80, for a total value of $1,629,914. After these transactions, Fassino directly owns 41,151 shares of Caterpillar stock. Additionally, Fassino indirectly owns 1,502 shares held by a 401 plan. In other recent news, Caterpillar Inc. reported its fourth-quarter 2025 earnings, which exceeded market expectations. The company announced an earnings per share of $5.16, surpassing the anticipated $4.70. Additionally, Caterpillar’s revenue reached $19.1 billion, which is 7% above the expected figures. These results highlight a strong performance in the final quarter of the year. No recent mergers or acquisitions were reported for Caterpillar. Analyst activity regarding the company’s stock has not been prominently featured in the latest updates. The earnings report reflects a positive trajectory for Caterpillar, demonstrating its resilience and operational efficiency. Investors might find these developments noteworthy as t...

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