Cummins VP granted 553 shares, 172 withheld for tax
Cummins Inc. executive Benjamin G. Wright, VP and President Distribution Business, reported equity compensation transactions in company common stock.
Rhea-AI Filing Summary
Cummins Inc. executive Benjamin G. Wright, VP and President Distribution Business, reported equity compensation transactions in company common stock. On February 19, 2026, he acquired 553 shares through earned performance-based share awards at a stated price of $0.0000 per share, reflecting a grant rather than a purchase.
On the same date, 172 shares were disposed of at $596.91 per share to satisfy tax liabilities related to the earned performance shares, leaving 2,888 directly held shares afterward. He also reported 833.5068 shares held indirectly through the company 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 553 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common | 172 | $596.91 | $103K |
| holding | Common | -- | -- | -- |
Footnotes (3)
- F1. Earned performance based shares.
- F2. Shares withheld to satisfy tax liabilities relating to earned performance shares.
- F3. The number of shares is based on the dollar value of the reporting person's interest in the Cummins Stock Fund under the Company's 401(k) plan as most recently provided by the plan. The actual number of shares underlying the interest is not known since the Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents.
FAQ
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What insider transactions did Cummins (CMI) executive Benjamin G. Wright report?
How are Benjamin G. Wright’s Cummins (CMI) 401(k) holdings reported on the Form 4?
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