CAT Group President Johnson Denise C filed 10 separate sales totaling 12,605 shares for $11.4M on 2026-05-14, reducing holdings from 62.4K to 49.8K shares.
Johnson Denise C, Group President at Caterpillar Inc, executed 10 separate sales on 2026-05-14 totaling 12,605 shares for $11,444,169.60, with individual transaction prices ranging from $196.70 to $911.92 per share. At the time of the filing, CAT was trading at $888.31 — approximately -4.6% from its 52-week high of $931.35 — and had posted a 30-day change of +15.3% and a 90-day change of +14.7%. Her 5 prior same-ticker sales at CAT (all on 2026-02-02) were each followed by positive 90-day returns ranging from +30.5% to +31.1%, reflecting a 0-of-5 well-timed rate at the 90-day mark for CAT-specific trades. Her cross-ticker track record similarly shows a 90-day well-timed rate of 0.00% across 8 prior sells, meaning the stock has historically risen after her sales rather than declined.
Caterpillar Group President Denise Johnson sells 6.2K shares for $5.6M as stock rallies +15.2% in 30 days
Johnson Denise C divested 6,196 shares at $914.61 in two transactions, generating $5,637,081.16. Her post-transaction holdings remain substantial at 49,825 shares, indicating continued material equity stake in the company. While the sale timing coincides with a strong recent rally (30-day change: +15.2%, 90-day change: +18.1%), Johnson's historical track record shows poor sell timing—her prior 8 sales had a 0.00% well-timed rate with an average 90-day return of +30.5%, suggesting she tends to exit before further gains. The current sale follows a similar pattern: she may be taking profits near the 52-week high ($931.35 vs. current $914.61), though past behavior indicates subsequent momentum often continues upward. This modest-size divestiture is modest in relation to her remaining position and does not necessarily signal concern about Caterpillar's fundamentals (P/E: 44.68, annual revenue growth +4.3%, market cap $421.3B).
CAT Group President Denise C Johnson sold 39,138 shares ($26.7M) across 8 transactions on 2026-02-02
Denise C Johnson, Group President of Caterpillar, executed 8 separate sales totaling 39,138 shares for $26,655,960.46 at prices ranging from $678.52 to $684.93, reducing her holdings by 47.4% from 82,488 to 43,350 shares. The blended average sale price of $681.08 occurred near the 52-week high of $702.89 (currently -1.6% from that high), in an environment where CAT stock has appreciated 12.3% over 30 days and 21.4% over 90 days. While the company faces headwinds with annual revenue decline of -3.4% year-over-year and a relatively elevated P/E of 34.92, the timing of this substantial holding reduction near recent highs and amid strong near-term price momentum warrants investor attention to management's confidence in forward prospects.
