Cummins VP Enright awarded 1,056 stock shares
Cummins VP - Supply Chain Robert Enright reported two transactions in common shares on March 1, 2026.
Rhea-AI Filing Summary
Cummins VP - Supply Chain Robert Enright reported two transactions in common shares on March 1, 2026. He received a grant of 1,056 shares, and 313 shares were withheld to satisfy tax liabilities at $583.87 per share. Following these events he holds 1,698 common shares directly, plus an indirect interest equivalent to 2,871.0384 shares through the Cummins Stock Fund in the company’s 401(k) plan, which is described as a unitized account of about 98% common stock and 2% cash or cash equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Enright Robert
Role
VP - Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 1,056 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common | 313 | $583.87 | $183K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 1,698 shares (Direct);
Common — 2,871.0384 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Shares withheld to satisfy tax liabilities relating to earned performance shares.
- F2. 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.
Key Figures
Stock award: 1,056 shares
Tax withholding shares: 313 shares
Tax withholding price: $583.87 per share
+2 more
5 metrics
Stock award
1,056 shares
Common shares granted to Robert Enright on March 1, 2026
Tax withholding shares
313 shares
Common shares withheld to satisfy tax liabilities
Tax withholding price
$583.87 per share
Price used for tax-withholding disposition of 313 shares
Direct holdings after transactions
1,698 shares
Common shares held directly by Robert Enright after March 1, 2026
Indirect 401(k) interest
2,871.0384 shares
Interest in Cummins Stock Fund under the company 401(k) plan
Key Terms
performance shares, unitized account, Cummins Stock Fund, 401(k) plan
4 terms
unitized account financial
"The Cummins Stock Fund is a unitized account consisting of common stock and cash"
Cummins Stock Fund financial
"The reporting person’s interest in the Cummins Stock Fund under the Company’s 401(k) plan"
401(k) plan financial
"The dollar value of the interest under the Company’s 401(k) plan as provided by the plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock award did Cummins (CMI) VP Robert Enright report?
Robert Enright received a grant of 1,056 Cummins common shares. The same Form 4 also reports 313 shares withheld to satisfy tax liabilities at $583.87 per share, reflecting tax treatment of earned performance-based shares.
How is Enright’s Cummins (CMI) 401(k) holding described in the Form 4?
The filing reports an interest equal to 2,871.0384 shares in the Cummins Stock Fund under the company’s 401(k) plan. A footnote notes this unitized account is about 98% common stock and 2% cash, so the actual underlying share count is not precisely known.
Were Cummins (CMI) insider transactions by Robert Enright under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is unchecked, and no footnote references a trading plan. This indicates Enright’s 1,056-share grant and 313-share tax withholding on March 1, 2026 were not reported as being executed under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.