CAT CATERPILLAR INC

NEUTRAL Impact: 3/10 8-K
Horizon days Filed Apr 10, 2026 Processed 2mo ago SEC 0001104659-26-042062
8-K context-dependent: Items 5.02
Latest settled — T+20d
CAT ▲ +17.07% at T+20d
NEUTRAL call ✓ call won +17.07% · α vs SPY +9.35% · entry $790.95 → $925.99
Next anchor: T+60d in 22d
Last close $910.57 (close Jun 12) · +15.12% from $790.95 entry
Entry anchored
Apr 10, 04:08 PM ET
via Databento tick
T+1d
+0.41%
call +0.41% · α -0.80%
$794.16
settled 2mo ago
T+5d
+0.95%
call +0.95% · α -2.34%
$798.48
settled 8w ago
T+20d
+17.07%
call +17.07% · α +9.35%
$925.99
settled 5w ago
T+60d
call — · α —
in 22d

Price Chart

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Executive Summary

Caterpillar Inc. announced the appointment of Kyle Epley as Chief Financial Officer, effective May 1, 2026, succeeding Andrew Bonfield who will retire on October 1, 2026. Epley, a 30-year company veteran, will receive a salary of $930,500 and a $1.8 million long-term incentive grant. The transition follows a period of strong financial performance under Bonfield.

Actionable Insight

Routine executive transition with strong internal succession planning. No immediate trading implications, but monitor for any changes in financial strategy under new CFO. The smooth transition maintains leadership stability.

Key Facts

  • Kyle Epley appointed CFO effective May 1, 2026
  • Current CFO Andrew Bonfield retires October 1, 2026 after advisory transition period
  • Epley's compensation: $930,500 salary, 115% annual incentive target, $1.8M long-term incentive grant
  • Epley has been with Caterpillar since 1996, most recently as Senior VP of Global Finance Services
  • Bonfield named 2025 CFO of the Year; oversaw record financial performance

Financial Impact

No direct financial impact disclosed; standard executive compensation package

compensationexecutive leadership

Risk Factors

  • Potential strategic shift under new CFO leadership
  • Integration risk if new CFO implements different financial approach

Market Snapshot

Price
$790.63
Volume
84
Exchange
NYSE
Sector
Construction Machinery & Equip
Analyst Consensus
53% bullish (34 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-042062
Document: tm2611571d1_ex99-1.htm0001104659-26-042062
Document: 0001104659-26-042062-index-headers.html0001104659-26-042062
Document: 0001104659-26-042062-index.html0001104659-26-042062
Document: 0001104659-26-042062.txt0001104659-26-042062
14 reports for CAT
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+60▲ +10.10%May 1, 2026
Filters
Rows
Reports for CAT — sortable, filterable
Type Now
Jun 1, 2026
14d ago
ANALYST-DOWNGRADE
BEARISH ★ 5/10
$393.99 $390.48▲ +0.89%▲ +0.79%$910.57 (−131.12%)
May 15, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$863.61 $907.78▲ +5.11%▲ +3.50%$910.57 (+5.44%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$926.61 $901.93▼ −2.66%▼ −3.83%$910.57 (−1.73%)
May 6, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$926.61 $901.93▼ −2.66%▼ −3.83%$910.57 (−1.73%)
May 4, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$874.80 $925.99▲ +5.85%▲ +2.92%$910.57 (+4.09%)
May 4, 2026
6w ago
Insider Cluster
NEUTRAL ★ 4/10
$874.80 $925.99▲ +5.85%▲ +2.92%$910.57 (+4.09%)
May 4, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$874.80 $925.99▲ +5.85%▲ +2.92%$910.57 (+4.09%)
May 4, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$874.80 $925.99▲ +5.85%▲ +2.92%$910.57 (+4.09%)
May 4, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$874.80 $925.99▲ +5.85%▲ +2.92%$910.57 (+4.09%)
May 1, 2026
6w ago
ANALYST-DOWNGRADE
BEARISH ★ 5/10
$393.99 $390.48▲ +0.89%▲ +0.79%$910.57 (−131.12%)
Showing 10 of 14

US Market Status

Market Closed — Opens in 41m

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