I think OP has an oil gauge, so he knows what the pressure is. He can't find an engine oil pressure switch that is suspected to be triggering alarms.
Spitballing here, but:
...why would the engine oil pressure switch initiate a transmission cut-out? Are you sure "oil light" is "engine oil light" and not something else ("tranny" or hydraulic oil)?
Isn't a Cat 426 a geared tractor?
What does OP mean by it stops moving? Does engine keep running when light and horn go on? How does it neutralize a gear transmission?
the 426 is geared with a torque converter as I understand it (i'm no mechanic really)
the 416 operator manual p14 calls the light an "engine low oil pressure" light (don't have 426 op manual)
i put it in gear and rock nice and slowly with the fore/aft lever watching reaction speed
engine keeps running all the time
I'm no longer thinking of 'neutralizing' per-se, can't edit the subject header, having once disconnected the neutralizing solenoid changed nothing
Just fishing, I disconnected the reverse warning switch on the tranny. That resulted in a horn while the fwd/rev lever was in neutral, horn silenced in fwd or in rev while reactuion still degraded over time. Reconnected the switch, everything same as before.
As before, I notice that engagement speed deteriorates with passing minutes, need to give more and more gas to get rolling. In this condition I'm not sure I'd want to try a stall test, it doesn't really seem like a solenoid neutralization which would be on of off.