The estimated Net Worth of Edward B Jr Rust is at least $15.4 Milión dollars as of 26 March 2019. Mr. Rust owns over 2,349 units of Caterpillar stock worth over $15,101,130 and over the last 21 years he sold CAT stock worth over $0. In addition, he makes $334,204 as Independent Director at Caterpillar.
Edward has made over 14 trades of the Caterpillar stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 2,349 units of CAT stock worth $89,309 on 26 March 2019.
The largest trade he's ever made was exercising 8,000 units of Caterpillar stock on 7 November 2014 worth over $359,200. On average, Edward trades about 256 units every 12 days since 2003. As of 26 March 2019 he still owns at least 45,078 units of Caterpillar stock.
You can see the complete history of Mr. Rust stock trades at the bottom of the page.
Edward B. Rust Jr. serves as Independent Director of the Company. He retired as Chairman in 2016 and as CEO in 2015 of State Farm Mutual Automobile Insurance Company. His financial and business experience is valuable to the Board. His role as a past Chairman of the U.S. Chamber of Commerce, CEO of a major national corporation and experience as a director of other large, publicly-traded multinational corporations enables him to provide meaningful input and guidance to the Board, including with respect to public company governance and strategy. In addition, his extensive involvement in education improvement complements the Company’s culture of social responsibility.
As the Independent Director of Caterpillar, the total compensation of Edward Rust at Caterpillar is $334,204. There are 13 executives at Caterpillar getting paid more, with donald Umpleby having the highest compensation of $34,519,100.
Edward Rust is 69, he's been the Independent Director of Caterpillar since 2003. There are 2 older and 25 younger executives at Caterpillar. The oldest executive at Caterpillar Inc. is Juan Gallardo, 72, who is the Independent Director.
Edward's mailing address filed with the SEC is 55 Water Street, 55, Water Street, Financial District, Manhattan, New York, 10004, United States.
Over the last 21 years, insiders at Caterpillar have traded over $97,229,475 worth of Caterpillar stock and bought 230,530 units worth $17,112,054 . The most active insiders traders include Daniel M Dickinson, Miles D White a David L Calhoun. On average, Caterpillar executives and independent directors trade stock every 20 days with the average trade being worth of $8,584,040. The most recent stock trade was executed by Gerald Johnson on 4 September 2024, trading 100 units of CAT stock currently worth $33,859.
Caterpillar Inc. is an American construction equipment manufacturer. The company is the worlds largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list.
Caterpillar executives and other stock owners filed with the SEC include: