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Caterpillar (NYSE: CAT) CEO adds phantom stock units in deferred plan
Caterpillar CEO Joseph E. Creed has acquired 3 phantom stock units as part of a non-qualified deferred compensation plan on March 26, 2026. These units are economically equivalent to common stock but will be settled in cash upon his retirement or separation from service. Following this transaction, Creed now holds a total of 11,583 phantom stock units, with two new units credited at $703.19 each and one contributed without consideration.