Cummins (NYSE: CMI) VP Nathan Stoner sells 607 shares in open-market deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cummins Inc. executive Nathan R. Stoner, VP - China ABO, reported an open-market sale of 607 shares of Cummins common stock. The shares were sold at an average price of $694.06 per share. After this transaction, Stoner directly holds 9,446.669 shares of Cummins common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 607 shares ($421,294)
Net Sell
1 txn
Insider
Stoner Nathan R
Role
VP - China ABO
Sold
607 shs ($421K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 607 | $694.06 | $421K |
Holdings After Transaction:
Common — 9,446.669 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 607 shares
Sale price per share: $694.06 per share
Shares held after transaction: 9,446.669 shares
+1 more
4 metrics
Shares sold
607 shares
Open-market sale of Cummins common stock
Sale price per share
$694.06 per share
Price reported for the 607-share sale
Shares held after transaction
9,446.669 shares
Direct holdings following the sale
Transactions classified as sales
1 transaction
Single non-derivative open-market sale reported
Key Terms
open-market sale, Form 4, Common, ten percent owner
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"This transaction was reported in a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common financial
"security_title": "Common""
ten percent owner regulatory
"is_ten_percent_owner": 0"
FAQ
What insider transaction did Cummins (CMI) report for Nathan R. Stoner?
Cummins reported that executive Nathan R. Stoner completed an open-market sale of 607 shares of common stock. The transaction was disclosed in a Form 4 insider filing submitted to the SEC for transparency around executive share ownership changes.
What is Nathan R. Stoner’s role at Cummins (CMI)?
Nathan R. Stoner is reported as a company officer with the title "VP - China ABO" at Cummins Inc. This officer status is noted in the Form 4, which also confirms he is not a director and not a ten percent beneficial owner.
What does a Form 4 filing mean for Cummins (CMI) investors?
A Form 4 shows recent insider trades by company officers, directors, or large holders. For Cummins, this filing records Nathan R. Stoner’s 607-share open-market sale and updated holdings, providing investors with timely visibility into changes in executive share ownership.