Caterpillar Inc. DEF 14A: Executive Compensation Details

Ticker: CAT · Form: DEF 14A · Filed: 2024-04-29T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, governance

Related Tickers: CAT

TL;DR

CAT proxy statement out, detailing exec pay for 2023. Shareholders vote soon.

AI Summary

Caterpillar Inc. filed its DEF 14A on April 29, 2024, detailing executive compensation and annual meeting matters for the fiscal year ending December 31, 2023. The filing includes information on grants, awards, and changes in the fair value of compensation for both PEO and Non-PEO members, with specific data points for the year 2023.

Why It Matters

This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses executive compensation and governance matters, not typically indicative of immediate financial risk.

Key Numbers

2023 — Fiscal Year (The primary year for which executive compensation data is disclosed in this filing.)
20240429 — Filing Date (The date Caterpillar Inc. submitted this DEF 14A filing to the SEC.)

Key Players & Entities

CATERPILLAR INC (company) — Filer of the DEF 14A
0000018230 (company) — Central Index Key for Caterpillar Inc.
20240429 (date) — Filing date of the DEF 14A
2023-12-31 (date) — Fiscal year end for disclosed compensation data

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by a company to solicit shareholder votes for its annual meeting and provides detailed information on matters such as executive compensation, director elections, and other corporate governance issues.

When is Caterpillar Inc.'s fiscal year end?

Caterpillar Inc.'s fiscal year ends on December 31st, as indicated by the data ranges provided in the filing for the years 2021, 2022, and 2023.

What specific types of compensation data are detailed for PEO and Non-PEO members?

The filing details categories such as 'GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember', 'YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember', and 'ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYearendMember' for both PEO and Non-PEO members.

What is the filing date of this DEF 14A for Caterpillar Inc.?

This DEF 14A filing for Caterpillar Inc. was filed on April 29, 2024.

Does this filing contain information about the company's financial performance?

While this DEF 14A filing focuses on executive compensation and shareholder voting matters, it does not typically contain detailed financial performance reports, which are usually found in 10-K or 10-Q filings.

From the Filing

0001308179-24-000623.txt : 20240429 0001308179-24-000623.hdr.sgml : 20240429 20240429112527 ACCESSION NUMBER: 0001308179-24-000623 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 134 CONFORMED PERIOD OF REPORT: 20240612 FILED AS OF DATE: 20240429 DATE AS OF CHANGE: 20240429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CATERPILLAR INC CENTRAL INDEX KEY: 0000018230 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 370602744 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-00768 FILM NUMBER: 24888117 BUSINESS ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9728917700 MAIL ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: CATERPILLAR TRACTOR CO DATE OF NAME CHANGE: 19860623 DEF 14A 1 lcat2024_def14a.htm CATERPILLAR INC - DEF 14A CATERPILLAR - DEF 14A false 0000018230 DEF 14A 0000018230 2023-01-01 2023-12-31 0000018230 2022-01-01 2022-12-31 0000018230 2021-01-01 2021-12-31 0000018230 2020-01-01 2020-12-31 0000018230 ecd:PeoMember cat:GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember 2023-01-01 2023-12-31 0000018230 ecd:PeoMember cat:YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember 2023-01-01 2023-12-31 0000018230 ecd:PeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYearendMember 2023-01-01 2023-12-31 0000018230 ecd:PeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndVestedInCurrentYearMember 2023-01-01 2023-12-31 0000018230 ecd:PeoMember cat:PriorYearEndFairValueOfAnyAwardsForfeitedDuringCurrentYearMember 2023-01-01 2023-12-31 0000018230 ecd:NonPeoNeoMember cat:GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember 2023-01-01 2023-12-31 0000018230 ecd:NonPeoNeoMember cat:YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember 2023-01-01 2023-12-31 0000018230 ecd:NonPeoNeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYearendMember 2023-01-01 2023-12-31 0000018230 ecd:NonPeoNeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndVestedInCurrentYearMember 2023-01-01 2023-12-31 0000018230 ecd:NonPeoNeoMember cat:PriorYearEndFairValueOfAnyAwardsForfeitedDuringCurrentYearMember 2023-01-01 2023-12-31 0000018230 ecd:PeoMember cat:GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember 2022-01-01 2022-12-31 0000018230 ecd:PeoMember cat:YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember 2022-01-01 2022-12-31 0000018230 ecd:PeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYearendMember 2022-01-01 2022-12-31 0000018230 ecd:PeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndVestedInCurrentYearMember 2022-01-01 2022-12-31 0000018230 ecd:PeoMember cat:PriorYearEndFairValueOfAnyAwardsForfeitedDuringCurrentYearMember 2022-01-01 2022-12-31 0000018230 ecd:NonPeoNeoMember cat:GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember 2022-01-01 2022-12-31 0000018230 ecd:NonPeoNeoMember cat:YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember 2022-01-01 2022-12-31 0000018230 ecd:NonPeoNeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYearendMember 2022-01-01 2022-12-31 0000018230 ecd:NonPeoNeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndVestedInCurrentYearMember 2022-01-01 2022-12-31 0000018230 ecd:NonPeoNeoMember cat:PriorYearEndFairValueOfAnyAwardsForfeitedDuringCurrentYearMember 2022-01-01 2022-12-31 0000018230 ecd:PeoMember cat:GrantDateFairValueOfCurrentYearGrantsAsDisclosedInTheSCTMember 2021-01-01 2021-12-31 0000018230 ecd:PeoMember cat:YearEndFairValueOfAwardsGrantedInCurrentYearAndUnvestedAtYearendMember 2021-01-01 2021-12-31 0000018230 ecd:PeoMember cat:ChangeInFairValueOfAwardsGrantedInPriorYearsAndUnvestedAtYea