Group President Anthony D. Fassino completed several equity transactions in Caterpillar Inc. (NASDAQ: CAT) on February 2, 2026, according to a Form 4 filing with the Securities and Exchange Commission. Fassino sold 10,671 shares of company stock on that date, generating approximately $7.2 million from those dispositions. The shares were sold at prices between $680.16 and $681.09 each.
The SEC filing also shows Fassino exercised stock options to acquire 15,000 shares of Caterpillar common stock at an exercise price of $196.70 per share, reflecting a total cost of $2,950,500. In a separate line item, 4,329 shares were reported as disposed of at a price of $681.45 apiece, totaling $2,949,997.
Following the day’s activity, Fassino directly owns 41,151 shares of Caterpillar common stock. In addition, the filing notes he indirectly owns 1,499 shares held within a 401(k) plan.
Separately from the insider transactions, Caterpillar reported fourth-quarter 2025 financial results that exceeded consensus estimates. The company recorded earnings per share of $5.16, compared with an expected $4.70. Revenue for the quarter totaled $19.1 billion, which the company said was 7% higher than anticipated.
Those quarterly figures indicate the company outperformed market expectations for the final quarter of 2025. The filing and the earnings release were the only items cited in the recent disclosures; no additional analyst commentary or other company updates were included in the information provided.
The information in the SEC filing is limited to the transactions and resulting holdings described above. The earnings disclosure is limited to the reported EPS, revenue, and the comparison to expectations. No further context, motives, or commentary on the insider transactions or future analyst reactions was provided in the materials reviewed.