CUMMINS INC (CMI)

Insider Trading Filed: 2026-05-08

Key Insights

Nicole Lamb-Hale, VP, CAO & Corporate Secretary, sold 2,408 shares across three transactions on 05/08/2026 at prices ranging from $683.84 to $686.61, reducing her holdings from approximately 16,212 to 14,084 shares.
The sales occurred at consistent price levels ($684-$686 range), suggesting execution during normal market conditions rather than panic selling or opportunistic timing around market peaks.
Post-transaction beneficial ownership of 14,084 shares indicates the executive retained substantial equity stake in CMI despite the sales, suggesting confidence in the company's long-term prospects.

Quarterly Report Filed: 2026-05-05

Key Insights

The filing contains extensive segment data across Engine, Components, Distribution, and Power Systems divisions with detailed geographic breakdowns (US, China, India) and product line performance metrics for Q1 2026 vs Q1 2025 comparison periods.
Balance sheet structure includes equity component tracking across Common Stock, Additional Paid-in Capital, Retained Earnings, Treasury Stock, and Accumulated Other Comprehensive Income, indicating active capital management and shareholder return activities.
The document structure suggests comprehensive disclosure of pension and post-retirement benefit obligations with defined benefit plan accounting, which could impact future earnings and cash flow allocations.
Geographic diversification is evident across major markets (North America, Asia-Pacific, Europe, China, India, Africa/Middle East, Latin America) suggesting exposure to both developed and emerging market dynamics in heavy-duty vehicles and industrial power systems.

Current Report Filed: 2026-05-05

Key Insights

Cummins filed an 8-K on May 5, 2026 to disclose Q1 2026 financial results, indicating the company is maintaining regular earnings reporting cadence and transparency with shareholders.
The filing references a press release dated February 5, 2026 (exhibit 99), which appears to be a discrepancy in the document dating that may warrant clarification, though this could be a clerical error in the filing.
The document is signed by Luther E. Peters as Vice President - Controller (Principal Accounting Officer), confirming proper authorization and accounting oversight for the earnings disclosure.

Insider Trading Filed: 2026-04-02

Key Insights

Nicole Lamb-Hale, the VP, CLO & Corporate Secretary of Cummins Inc, acquired 290 shares of the company's common stock on April 1, 2026, indicating her ongoing commitment to the company.
The shares were acquired as part of a time-vested restricted stock unit award, which will vest and convert to common stock on April 1, 2028, aligning Lamb-Hale's interests with long-term shareholder value creation.
This insider transaction suggests positive sentiment and confidence in the company's future, as the reporting person is a key executive with intimate knowledge of the business.

Insider Trading Filed: 2026-03-04

Key Insights

The reporting person, Amy Rochelle Davis, who is the VP & President of Accelera and Commercialization at Cummins Inc., sold a total of 4,054 shares of Cummins common stock on March 3, 2026 at weighted average prices ranging from $559.99 to $565.92.
The insider's transactions appear to be routine portfolio management, as the total number of shares beneficially owned by Davis decreased from 19,741.013 to 15,807.013 following the reported sales.
The filing indicates that the transactions were made pursuant to a pre-established trading plan, which suggests the sales were not based on any material non-public information.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Robert Enright, acquired 1,056 shares of Cummins Inc. (CMI) common stock on March 1, 2026 at no cost, likely through an equity compensation plan.
Enright also disposed of 313 shares on the same date to cover tax liabilities, indicating he is managing his equity position.
Enright holds a total of 4,569.0384 shares, including both direct ownership and an interest in the company's 401(k) plan, suggesting he has a significant stake in Cummins.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Mark Andrew Smith, VP - Chief Financial Officer of Cummins Inc., acquired 14,128 shares of common stock on March 1, 2026 at no cost, increasing his direct beneficial ownership to 45,710 shares.
The reporting person also disposed of 5,878 shares on the same date to satisfy tax liabilities relating to earned performance shares, reducing his direct beneficial ownership to 39,832 shares.
The transactions suggest the reporting person is maintaining a significant direct stake in Cummins, aligning his interests with those of the company and its shareholders.

Insider Trading Filed: 2026-03-03

Key Insights

Jennifer Rumsey, the Chair and CEO of Cummins Inc., acquired 44,736 shares of the company's common stock on March 1, 2026, indicating her confidence in the company's future performance.
Rumsey also disposed of 19,450 shares to cover tax liabilities, suggesting she is taking a measured approach to managing her equity position.
Rumsey holds a significant ownership stake in Cummins Inc., both directly and indirectly through her 401(k) plan and trust accounts, further aligning her interests with those of shareholders.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Donald G. Jackson, VP - Treasury & Tax, acquired 2,832 shares of Cummins Inc. (CMI) common stock on March 1, 2026, indicating a positive view on the company's prospects.
The reporting person also disposed of 1,000 shares to cover tax liabilities, suggesting potential cash needs or diversification strategy.
The reporting person holds a significant indirect beneficial ownership of 226.5215 shares through the company's 401(k) plan, further aligning his interests with those of Cummins Inc.

Insider Trading Filed: 2026-03-03

Key Insights

Jennifer Mary Bush, VP & President of Power Systems at Cummins Inc. (CMI), acquired 5,648 shares of the company's common stock on March 1, 2026.
Bush also disposed of 2,504 shares to cover tax liabilities related to earned performance shares, reducing her direct beneficial ownership to 16,986.167 shares.
The transaction suggests Bush's continued confidence in Cummins' long-term prospects and her alignment with the company's strategic direction.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Brett Michael Merritt, V.P. & Pres. - Engine Business at Cummins Inc., acquired 2,832 shares of Cummins common stock on March 1, 2026, likely as part of an equity compensation plan.
Merritt also sold 998 shares to cover tax liabilities on the acquired shares, suggesting he is holding on to the majority of the shares received.
Merritt has an indirect beneficial ownership of 118.5428 shares through the company's 401(k) plan, providing additional evidence of his commitment to Cummins.

Insider Trading Filed: 2026-03-03

Key Insights

Jonathan David Wood, Vice President & CTO of Cummins Inc., acquired 1,888 shares of CMI stock on 03/01/2026 at $0.00 per share, increasing his direct ownership to 5,076 shares.
Wood also had 888 shares withheld to satisfy tax liabilities relating to earned performance shares, reducing his direct ownership to 4,188 shares.
This insider transaction suggests Wood's continued commitment to and confidence in Cummins' long-term success.

Insider Trading Filed: 2026-03-03

Key Insights

Bonnie J. Fetch, EVP & President - Operations, acquired 3,296 shares of Cummins Inc. common stock at no cost, indicating an equity compensation award.
Fetch also disposed of 1,297 shares at $583.87 per share, likely to cover tax liabilities related to the equity award.
Fetch holds a beneficial ownership interest of 12,331 Cummins Inc. common shares directly, as well as an indirect interest of 642.8227 shares through the company's 401(k) plan.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Earl Newsome, is the VP - Chief Information Officer of Cummins Inc. and has acquired 2,832 shares of the company's common stock, increasing his direct beneficial ownership to 5,177 shares.
Newsome has also disposed of 1,044 shares through a share withholding transaction to satisfy tax liabilities related to earned performance shares, indicating a partial monetization of his equity position.
The transaction date of March 1, 2026 suggests this is a routine equity award and share disposition, which is a common practice for senior executives to manage their ownership and tax obligations.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, Nicole Y. Lamb-Hale, acquired 7,056 shares of Cummins Inc. (CMI) common stock on March 1, 2026, likely as part of an incentive compensation plan.
Lamb-Hale also disposed of 2,877 shares on the same date to cover tax liabilities, indicating a net increase in her direct beneficial ownership of CMI shares.
The transaction appears to be routine and in line with the reporting person's role as VP, Chief Legal Officer, and Corporate Secretary of Cummins Inc.

Insider Trading Filed: 2026-03-03

Key Insights

Insider Jeffrey T. Wiltrout acquired 3,056 shares of Cummins Inc. (CMI) stock on March 1, 2026, indicating potential confidence in the company's future prospects.
Wiltrout also sold 1,098 shares to cover tax liabilities, suggesting he is holding onto a significant portion of his Cummins shares.
The reporting person has a substantial indirect beneficial ownership of 424.029 shares in Cummins through the company's 401(k) plan, further demonstrating his investment in the company.

Insider Trading Filed: 2026-03-03

Key Insights

Insider Benjamin G. Wright, VP and President of Distribution Business, acquired 1,648 shares of Cummins Inc. (CMI) stock, indicating their confidence in the company's prospects.
Wright also disposed of 559 shares to cover tax liabilities, suggesting a desire to hold onto the majority of their position.
The reporting person has a significant indirect beneficial ownership of 833.5068 shares through the company's 401(k) plan, further demonstrating their alignment with Cummins' long-term performance.

Insider Trading Filed: 2026-03-03

Key Insights

The reporting person, John O. Gaidoo, acquired a total of 1,648 shares of Cummins Inc. (CMI) through stock awards and share purchases, increasing his direct beneficial ownership to 3,593.962 shares.
The reporting person also disposed of 510 shares through share withholding to satisfy tax liabilities, reducing his direct beneficial ownership to 3,083.962 shares.
The reporting person holds various stock options with exercise prices ranging from $142.12 to $207.04, and expiration dates from 2027 to 2030, indicating his long-term commitment to the company.

Insider Trading Filed: 2026-03-03

Key Insights

Marvin Boakye, the VP - Chief Human Resources Officer, acquired 7,056 shares of Cummins Inc. (CMI) on March 1, 2026 at no cost, increasing his direct ownership to 14,724 shares.
Boakye also sold 2,735 shares on the same day to cover tax liabilities, reducing his direct ownership to 11,989 shares.
This insider transaction suggests Boakye's confidence in the company's future performance and his continued alignment with shareholder interests.

Insider Trading Filed: 2026-03-03

Key Insights

Amy Rochelle Davis, VP and President of Accelera and Communications at Cummins Inc., acquired 5,181 shares of the company's common stock on March 1, 2026.
Davis also had 2,264 shares and 883 shares withheld to satisfy tax liabilities relating to earned performance shares, reducing her direct beneficial ownership to 19,861.013 shares.
Davis holds several stock options for Cummins Inc. common stock, including options with exercise prices of $142.12, $163.43, and $170.95, which expire between 2029 and 2030.

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