Reported on May 6pennslammeriii6500hsAccording to a filing disclosed by the U.S. Securities and Exchange Commission (SEC) on May 6,$Caterpillar (CATpennslammeriii6500hs.US)$Director MacLennan David posted a bid on May 3 at an average price per share of 337pennslammeriii6500hs$.39 increased its holdings of 500 common shares, with a value of approximately $168,700.

photo sourcepennslammeriii6500hs: SEC official website

What is a shareholding change statement?

The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholdings. When an insider's shareholding changes, depending on different circumstances, a shareholding change statement needs to be submitted to the SEC within a certain period of time after the transaction ends.

Insiders include company directors and executives, as well as any shareholder who owns 10% or more of the company's outstanding shares.