Cummins VP granted 3,056 shares, 1,098 withheld for tax
Cummins Inc. vice president Jeffrey T. Wiltrout reported equity compensation activity involving company common shares.
Rhea-AI Filing Summary
Cummins Inc. vice president Jeffrey T. Wiltrout reported equity compensation activity involving company common shares. On March 1, 2026, he acquired 3,056 common shares in a grant or award with no per-share purchase price. As part of the same event, 1,098 shares were disposed of at $583.87 per share to satisfy tax liabilities relating to earned performance shares, according to a footnote. After these transactions, he directly held 5,421 common shares.
The filing also notes an indirect interest through the company’s 401(k) plan, with the value of his interest corresponding to 424.029 shares in the Cummins Stock Fund as most recently reported. A footnote explains this fund is a unitized account holding approximately 98% common stock and 2% cash or cash equivalents, so the exact underlying share count is not known.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 3,056 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common | 1,098 | $583.87 | $641K |
| holding | Common | -- | -- | -- |
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.
FAQ
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What insider transactions did Cummins (CMI) report for Jeffrey T. Wiltrout?
How is Jeffrey T. Wiltrout’s Cummins (CMI) 401(k) holding reported in the Form 4?
Does the Cummins (CMI) Form 4 show open-market buying or selling by Jeffrey T. Wiltrout?
AI-generated analysis. How Rhea-AI works. Not financial advice.