Insider Selling at Caterpillar (CAT): Is it Time for You to Sell Too?

Per Caterpillar’s (CAT) SEC filing on Tuesday, the group’s president, Anthony D. Fassino, sold 3,185 shares at $351.36 per share or a total of$1.1 million on Aug. 30. This was part of other transactions carried out by him, which entailed disposing of 1,815 shares for $351.43 per share as the payment of exercise price or tax liability. Fassino also exercised options to acquire 5,000 shares for$127.6 per share.The sale of shares by Fassino, who is responsible for CAT’s Construction Industries segment, may h ...