Insider Trading February 19, 2026

Caterpillar Group President Disposes $1.35 Million in Shares; Firm Reports Q4 2025 Beat

Rodney Michael Shurman sold 1,764 shares in a February filing as Caterpillar posted stronger-than-expected quarterly results

By Ajmal Hussain CAT
Caterpillar Group President Disposes $1.35 Million in Shares; Firm Reports Q4 2025 Beat
CAT

Caterpillar Group President Rodney Michael Shurman sold 1,764 shares of common stock on February 17, 2026, in a transaction valued at about $1.35 million. The SEC Form 4 shows Shurman now directly holds 1,440 shares and indirectly holds 6,748 shares in a 401(k). The filing was executed under power of attorney by Nicole Puza on February 18, 2026. Separately, Caterpillar reported fourth-quarter 2025 results with EPS of $5.16 and revenue of $19.1 billion, both above consensus estimates.

Key Points

  • Rodney Michael Shurman sold 1,764 shares of Caterpillar on February 17, 2026, at $763.39 per share, totaling about $1.35 million.
  • Following the sale, Shurman directly owns 1,440 shares and indirectly owns 6,748 shares through a 401(k); the Form 4 was signed by Nicole Puza under power of attorney on February 18, 2026.
  • Caterpillar’s Q4 2025 results showed EPS of $5.16 versus an expected $4.70 and revenue of $19.1 billion, 7% higher than anticipated, a performance noted as well-received by investors and analysts.

Group President Rodney Michael Shurman of Caterpillar Inc. (NYSE:CAT) reported a personal stock sale on February 17, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The filing records the sale of 1,764 shares of common stock at a per-share price of $763.39, producing a transaction value of approximately $1.35 million.

After the disposition, the filing shows Shurman retains direct ownership of 1,440 Caterpillar shares. In addition, the filing indicates Shurman has an indirect stake of 6,748 shares held through a 401(k) plan. The Form 4 was executed on Shurman’s behalf by Nicole Puza under power of attorney and signed on February 18, 2026.


Company results noted alongside the filing

The insider transaction comes in the context of Caterpillar’s fourth-quarter 2025 financial report, which outperformed expectations. Caterpillar posted earnings per share of $5.16 for the quarter, topping the estimated $4.70. Revenue for the period was $19.1 billion, which the company reported as 7% higher than anticipated figures.

Those quarterly results were described as a notable achievement for the company and were characterized in the filing’s coverage as being well-received by investors and analysts. The earnings and revenue beats underscore the company’s performance for the quarter and were highlighted in public disclosures tied to the period.


Context and what is disclosed

  • The sale: 1,764 shares sold on February 17, 2026, at $763.39 per share; total value ~ $1.35 million.
  • Post-transaction holdings: 1,440 direct shares; 6,748 indirect shares held via a 401(k) plan.
  • Filing execution: Form 4 signed on Shurman’s behalf by Nicole Puza under power of attorney on February 18, 2026.
  • Quarterly results: Q4 2025 EPS $5.16 vs. projected $4.70; revenue $19.1 billion, 7% above expectations.

These items are drawn directly from the regulatory filing and the company’s reported quarterly results. The transaction details and post-sale holdings are reported without additional commentary on intent or motive.


Investor focus

Investors and analysts had been monitoring the quarter and the reported beat on both earnings and revenue was noted as a positive development in disclosures. The filing and the accompanying financial results together provide concrete, contemporaneous data points on insider activity and company performance for stakeholders reviewing governance and financial metrics.

Risks

  • Limited information on the motives behind the insider sale creates uncertainty for stakeholders interpreting the transaction - this affects corporate governance scrutiny and investor sentiment in the industrial equipment and related markets.
  • While the company’s quarterly results beat expectations, it remains uncertain how future quarters will perform relative to estimates - this touches on earnings visibility and market expectations for the industrial sector.

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