Insider Selling at Caterpillar (CAT): Is it Time for You to Sell Too?
CATCaterpillar(CAT) ZACKS·2024-09-05 02:35

Per Caterpillar’s (CAT) SEC filing on Tuesday, the group’s president, Anthony D. Fassino, sold 3,185 shares at 351.36pershareoratotalof351.36 per share or a total of 1.1 million on Aug. 30. This was part of other transactions carried out by him, which entailed disposing of 1,815 shares for 351.43pershareasthepaymentofexercisepriceortaxliability.Fassinoalsoexercisedoptionstoacquire5,000sharesfor351.43 per share as the payment of exercise price or tax liability. Fassino also exercised options to acquire 5,000 shares for 127.6 per share.The sale of shares by Fassino, who is responsible for CAT’s Construction Industries segment, may h ...