Cummins (NYSE: CMI) VP Davis sells 1,864 shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cummins Inc. vice president Amy Rochelle Davis reported open-market sales of 1,864 common shares. The transactions took place on February 23, 2026 in several blocks at weighted-average prices around the mid-$580 range. After these sales, she directly owned 17,827.013 common shares.

Insider Trade Summary

Net Seller: 1,864 shares ($1,093,504)

Net Sell 7 txns

Insider Davis Amy Rochelle

Role VP & Pres. - Accelera and Com

Sold 1,864 shs ($1.09M)

Type	Security	Shares	Price	Value
Sale	Common	80	$588.37	$47K
Sale	Common	160	$585.1111	$94K
Sale	Common	591	$587.2944	$347K
Sale	Common	1,033	$586.3753	$606K
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--

Holdings After Transaction: Common — 19,611.013 shares (Direct); Stock Option (Right-to-Buy) — 2,130 shares (Direct)

Footnotes (1)

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $588.30 - $588.44. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $584.76 - $585.36. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $586.80 - $587.64. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $585.79 - $586.77. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/24/2026 - 09:20 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Davis Amy Rochelle

(Last)

(First)

(Middle)

500 JACKSON STREET

(Street)

COLUMBUS

47201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CUMMINS INC [ CMI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP & Pres. - Accelera and Com

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	02/23/2026		S		80	D	$588.37⁽¹⁾	19,611.013	D
Common	02/23/2026		S		160	D	$585.1111⁽²⁾	19,451.013	D
Common	02/23/2026		S		591	D	$587.2944⁽³⁾	18,860.013	D
Common	02/23/2026		S		1,033	D	$586.3753⁽⁴⁾	17,827.013	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right-to-Buy)	$142.12							04/06/2023	04/06/2030	Common	2,130		2,130	D
Stock Option (Right-to-Buy)	$163.43							04/04/2022	04/04/2029	Common	2,160		2,160	D
Stock Option (Right-to-Buy)	$170.95							07/01/2023	07/01/2030	Common	800		800	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $588.30 - $588.44. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $584.76 - $585.36. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $586.80 - $587.64. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $585.79 - $586.77. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

	/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Cummins (CMI) report for Amy Rochelle Davis?

Amy Rochelle Davis reported selling 1,864 Cummins common shares in open-market transactions. The sales occurred on February 23, 2026, and were executed in multiple price tranches, as detailed in the Form 4 filing’s transaction and footnote disclosures.

How many Cummins (CMI) shares does Amy Rochelle Davis hold after the Form 4 transactions?

After the reported sales, Amy Rochelle Davis directly holds 17,827.013 Cummins common shares. This post-transaction balance reflects multiple open-market sales totaling 1,864 shares, as shown in the non-derivative transaction table of the Form 4 filing.

At what prices did Amy Rochelle Davis sell Cummins (CMI) shares?

The reported prices are weighted averages, with sales executed in ranges. Footnotes show price bands of $588.30–$588.44, $584.76–$585.36, $586.80–$587.64, and $585.79–$586.77, each representing multiple trades within the specified ranges.

What type of transactions are disclosed in this Cummins (CMI) Form 4?

The Form 4 lists non-derivative open-market sales of common stock and updates derivative holdings in stock options. Four entries are coded as “S” for sales, while three option positions are reported as holdings with updated amounts and no buy or sell direction indicated.

What is Amy Rochelle Davis’s role at Cummins (CMI) in this Form 4?

Amy Rochelle Davis is identified as an officer of Cummins Inc., serving as VP & President – Accelera and Com. Her status as an executive makes her transactions subject to Section 16 reporting, requiring disclosure of changes in her beneficial ownership of company securities.

How many Cummins (CMI) shares did Amy Rochelle Davis sell in total on February 23, 2026?

Across four open-market sale entries, Amy Rochelle Davis sold a total of 1,864 Cummins common shares. Each entry details share amounts and weighted-average prices, and together they produce a net-sell position for that date in the Form 4 transaction summary.