PEORIA, Ill. (WMBD) -- Former Caterpillar CEO and current board chairman Jim Umpleby has sold off another large block of company stock.

According to SEC filings, Umpleby’s trust sold more than 17,000 shares of Caterpillar stock on September 22, a transaction handled through Goldman Sachs. The sale brought in just over $8.1 million.

It follows an earlier sale on Sept. 2, when the same trust sold a similar number of shares for more than $7 million.

The filings show the transactions were part of a pre-scheduled trading plan adopted in May, designed to comply with SEC rules.

See Full Page