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Caterpillar CEO Unloads $26 Million in Shares Amid Record Quarter

Guavy AI Editorial Team
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CAT
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Caterpillar CEO Joseph E. Creed sold nearly $26 million worth of shares on August 28, 2026, exercising his employee stock options and disposing of existing shares to cover tax liabilities.

The sales took place at prices ranging from $800.19 to $813.72 per share, with the total value of approximately $26,211,763 exceeding the current market price of $776.93.

Creed's transactions followed a robust second-quarter 2026 performance by Caterpillar, which reported record quarterly sales and earnings per share of $8.17, surpassing estimates by 32%.

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