Cummins (NYSE: CMI) holder plans 698-share sale in August 2026
Rhea-AI Filing Summary
CUMMINS INC (CMI) has a notice of proposed sale of common stock filed under Rule 144 for the account of Earl Newsome. The filing indicates a planned sale of 698 shares of Cummins common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $399,410.33 and Cummins common shares outstanding of 137,664,487. The shares to be sold were acquired on 03/01/2024 as restricted stock vesting under a registered plan in consideration for services rendered. The intended sale is noted with an approximate sale date of 08/24/2026 on the NYSE.
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Key Figures
Shares to be sold: 698 shares
Aggregate market value: $399,410.33
Shares outstanding: 137,664,487 shares
+2 more
5 metrics
Shares to be sold
698 shares
Number of CUMMINS INC common shares proposed to be sold under Rule 144
Aggregate market value
$399,410.33
Aggregate market value of the 698 CUMMINS INC shares to be sold
Shares outstanding
137,664,487 shares
CUMMINS INC common shares outstanding as referenced in the Form 144
Acquisition date of shares
03/01/2024
Date restricted stock vested under a registered plan for Earl Newsome
Approximate sale date
08/24/2026
Approximate date of proposed sale on the NYSE
Key Terms
Rule 144, restricted stock, registered plan, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"Restricted Stock Vesting Under a Registered Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
registered plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
aggregate market value financial
"698 | 399410.33 | 137664487 | 08/24/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing for CMI disclose about Earl Newsome?
It discloses that Earl Newsome plans to sell 698 shares of CUMMINS INC common stock under Rule 144, through Morgan Stanley Smith Barney LLC, with an aggregate market value of $399,410.33.
What approximate sale date is indicated in the CMI Form 144 filing?
The filing indicates an approximate sale date of 08/24/2026 for the proposed sale of the 698 CUMMINS INC common shares on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.