William E. Schaupp, the Chief Accounting Officer at Caterpillar, completed a disposal of 972 shares of Caterpillar common stock on February 17, 2026, according to a Form 4 filing submitted to the Securities and Exchange Commission. The transaction carried a weighted average sale price of $764.20 per share and amounted to $742,802 in total.
The filing shows the sale prices in the transaction ranged narrowly from $764.14 to $764.26. Following the sale, Schaupp is recorded as directly owning 824 shares of Caterpillar stock.
Separately, Caterpillar Inc. reported fourth-quarter results for 2025 that outperformed analysts' expectations. The company posted earnings per share of $5.16, above the projected $4.70 figure. Revenue for the quarter was $19.1 billion, coming in 7% higher than forecasts. These reported figures indicate that Caterpillar exceeded consensus estimates for the final quarter of the year.
The combination of the insider sale disclosure and the stronger-than-expected quarterly results provides two distinct data points for market observers: the specific transaction by a company officer and the firm's latest reported operating performance. The regulatory filing documents the exact share count sold and the remaining direct holding, while the quarterly financials present outcome metrics for the period.
Summary
On February 17, 2026, Chief Accounting Officer William E. Schaupp sold 972 shares of Caterpillar at a weighted average price of $764.20, totaling $742,802. The sale prices ranged from $764.14 to $764.26, and Schaupp now directly owns 824 shares. In related corporate reporting, Caterpillar's fourth-quarter 2025 results showed EPS of $5.16 and revenue of $19.1 billion, beating analyst expectations.
Key points
- Insider transaction: William E. Schaupp sold 972 shares on February 17, 2026, for $742,802 at a weighted average of $764.20 per share.
- Post-sale holding: After the transaction Schaupp directly owns 824 shares of Caterpillar stock.
- Quarterly performance: Caterpillar reported Q4 2025 EPS of $5.16 and revenue of $19.1 billion, exceeding estimates and reflecting stronger-than-expected results for the quarter.
Risks and uncertainties
- Motivation for the insider sale is not disclosed in the Form 4 filing - the filing records the transaction but does not provide reasons for the sale.
- The filing and the quarterly results offer discrete pieces of information; the filing does not indicate any change in company guidance or forward-looking metrics.
- Market interpretation of an insider sale alongside a quarterly beat can vary; the public record here contains only the sale details and the reported quarter results, without commentary from the company or the officer.
This report is based on the Form 4 filing with the Securities and Exchange Commission and Caterpillar's reported fourth-quarter 2025 financial results. The disclosure in the regulatory filing specifies the exact share counts and price range for the transaction, and the company-released figures specify EPS and revenue for the quarter.