Cummins (NYSE: CMI) VP Amy Davis sells 4,054 shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cummins Inc. executive Amy Rochelle Davis, VP & President – Accelera and Components, reported open-market sales of company stock. On March 3, 2026, she sold a total of 4,054 shares of Cummins common stock in six separate transactions at weighted average prices in the mid-$560s per share, with detailed price ranges from $559.61 to $566.14 noted in the footnotes. After these sales, she directly held 15,807.013 Cummins common shares. She also reported continued direct holdings of multiple stock option awards covering 2,130, 2,160, and 800 shares, respectively.

Insider Trade Summary

Net Seller: 4,054 shares ($2,275,690)

Net Sell 9 txns

Insider Davis Amy Rochelle

Role VP & Pres. - Accelera and Com

Sold 4,054 shs ($2.28M)

Type	Security	Shares	Price	Value
Sale	Common	120	$565.9233	$68K
Sale	Common	160	$564.3025	$90K
Sale	Common	400	$563.2473	$225K
Sale	Common	631	$562.0893	$355K
Sale	Common	1,049	$561.3851	$589K
Sale	Common	1,694	$559.9886	$949K
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--

Holdings After Transaction: Common — 19,741.013 shares (Direct); Stock Option (Right-to-Buy) — 2,130 shares (Direct)

Footnotes (1)

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $565.50 - $566.14. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $564.04 - $564.68. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $562.88 - $563.69. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $561.84 - $562.64. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $560.83 - $561.78. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $559.61 - $560.09. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

Form 4 Insider Transactions: What Each Field Means →

03/04/2026 - 01:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Davis Amy Rochelle

(Last)

(First)

(Middle)

500 JACKSON STREET

(Street)

COLUMBUS

47201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CUMMINS INC [ CMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP & Pres. - Accelera and Com

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	03/03/2026		S		120	D	$565.9233⁽¹⁾	19,741.013	D
Common	03/03/2026		S		160	D	$564.3025⁽²⁾	19,581.013	D
Common	03/03/2026		S		400	D	$563.2473⁽³⁾	19,181.013	D
Common	03/03/2026		S		631	D	$562.0893⁽⁴⁾	18,550.013	D
Common	03/03/2026		S		1,049	D	$561.3851⁽⁵⁾	17,501.013	D
Common	03/03/2026		S		1,694	D	$559.9886⁽⁶⁾	15,807.013	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right-to-Buy)	$142.12							04/06/2023	04/06/2030	Common	2,130		2,130	D
Stock Option (Right-to-Buy)	$163.43							04/04/2022	04/04/2029	Common	2,160		2,160	D
Stock Option (Right-to-Buy)	$170.95							07/01/2023	07/01/2030	Common	800		800	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $565.50 - $566.14. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $564.04 - $564.68. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $562.88 - $563.69. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $561.84 - $562.64. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $560.83 - $561.78. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $559.61 - $560.09. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

	/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cummins (CMI) executive Amy Davis report?

Amy Rochelle Davis reported selling Cummins common stock in multiple open-market transactions. On March 3, 2026, she executed six separate sales totaling 4,054 shares, all recorded as direct ownership transactions under a Form 4 insider trading report.

How many Cummins (CMI) shares did Amy Davis sell and at what prices?

Amy Davis sold 4,054 Cummins common shares across six trades. Each trade used a weighted average price, with underlying sales occurring in ranges between $559.61 and $566.14 per share, as detailed in the accompanying Form 4 footnotes.

How many Cummins (CMI) shares does Amy Davis own after the reported sales?

Following the March 3, 2026 transactions, Amy Davis directly owns 15,807.013 Cummins common shares. This post-transaction balance reflects the cumulative effect of the six reported open-market sales disclosed in the Form 4 filing.

What is Amy Davis’s role at Cummins (CMI) according to the Form 4?

Amy Rochelle Davis is identified as a Cummins officer serving as VP & President – Accelera and Components. Her position makes her a reporting person for insider transactions, requiring public disclosure of her Cummins stock trades on Form 4.

Were Amy Davis’s Cummins (CMI) stock transactions open-market sales?

Yes. Each non-derivative transaction on the Form 4 is coded “S” and described as an open-market or private sale. The filing classifies them as sales of Cummins common stock executed directly under Davis’s ownership.

Does Amy Davis hold Cummins (CMI) stock options after these transactions?

Yes. The Form 4 shows continued direct holdings of Cummins stock options. As of March 3, 2026, she reports option awards with post-transaction balances of 2,130 shares, 2,160 shares, and 800 shares, respectively, all labeled as stock options (right-to-buy).