Cummins Inc (NYSE: CMI) VP sells 2,408 shares in open-market trades

Q: What insider transaction did CMI report for Nicole Lamb-Hale?

Cummins reported that VP, CAO & Corporate Secretary Nicole Lamb-Hale sold a total of 2,408 common shares in three open‑market transactions on May 8, 2026 . All transactions were classified with code S , indicating open‑market or private sales.

Q: At what prices did Nicole Lamb-Hale sell Cummins (CMI) shares?

The Form 4 shows weighted average sale prices of $684.3508 , $686.4838 and $685.6336 per share. Footnotes explain the actual trades occurred in price ranges between $683.84 and $686.61 across multiple executions.

Q: Were Nicole Lamb-Hale’s Cummins (CMI) sales single trades or price ranges?

Footnotes state each reported price is a weighted average , meaning shares were sold in multiple trades within price ranges. The ranges span from $683.84–$684.615 , $685.025–$685.84 , and $686.05–$686.61 , with full breakdowns available on request.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Cummins Inc. executive Nicole Lamb-Hale, VP, CAO & Corporate Secretary, reported open‑market sales of a total of 2,408 shares of Cummins common stock on May 8, 2026. The trades were executed in three separate transactions under code S, indicating open‑market or private sales.

The reported weighted average prices were $684.3508, $686.4838 and $685.6336 per share, with actual sale prices occurring in ranges from $683.84 to $686.61 according to the filing footnotes.

Insider Trade Summary

Net Seller: 2,408 shares ($1,650,296)

Net Sell 3 txns

Insider Lamb-Hale Nicole

Role VP, CAO & Corporate Secretary

Sold 2,408 shs ($1.65M)

Type	Security	Shares	Price	Value
Sale	Common	280	$685.6336	$192K
Sale	Common	947	$686.4838	$650K
Sale	Common	1,181	$684.3508	$808K

Holdings After Transaction: Common — 16,212 shares (Direct, null)

Footnotes (1)

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $685.025 - $685.84. 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 $686.05 - $686.61. 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 $683.84 - $684.615. 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.

Key Figures

Total shares sold: 2,408 shares First trade size: 1,181 shares Second trade size: 947 shares +5 more

8 metrics

Total shares sold 2,408 shares Open-market sales on May 8, 2026

First trade size 1,181 shares Open-market sale of common stock

Second trade size 947 shares Open-market sale of common stock

Third trade size 280 shares Open-market sale of common stock

Weighted avg price (trade 1) $684.3508 per share Common stock sale, code S

Weighted avg price (trade 2) $686.4838 per share Common stock sale, code S

Weighted avg price (trade 3) $685.6336 per share Common stock sale, code S

Price ranges disclosed $683.84–$686.61 Multiple executions within each reported transaction

Key Terms

open-market sale, weighted average price, Common, transaction code S, +1 more

5 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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common financial

"security_title": "Common""

transaction code S financial

"transaction_code": "S""

non-derivative financial

"transaction_type": "non-derivative""

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 02:29 PM

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^*

Lamb-Hale Nicole

(Last)

(First)

(Middle)

500 JACKSON STREET

(Street)

COLUMBUS

INDIANA

47201

(City)

(State)

(Zip)

UNITED STATES

(Country)

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, CAO & Corporate Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

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

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

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

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	05/08/2026		S		280	D	$685.6336⁽¹⁾	16,212	D
Common	05/08/2026		S		947	D	$686.4838⁽²⁾	15,265	D
Common	05/08/2026		S		1,181	D	$684.3508⁽³⁾	14,084	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)

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 $685.025 - $685.84. 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 $686.05 - $686.61. 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 $683.84 - $684.615. 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.

	Nicole Y. Lamb-Hale	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CMI report for Nicole Lamb-Hale?

Cummins reported that VP, CAO & Corporate Secretary Nicole Lamb-Hale sold a total of 2,408 common shares in three open‑market transactions on May 8, 2026. All transactions were classified with code S, indicating open‑market or private sales.

At what prices did Nicole Lamb-Hale sell Cummins (CMI) shares?

The Form 4 shows weighted average sale prices of $684.3508, $686.4838 and $685.6336 per share. Footnotes explain the actual trades occurred in price ranges between $683.84 and $686.61 across multiple executions.

How many Cummins (CMI) shares were sold in each reported trade?

Nicole Lamb-Hale reported three separate open‑market sales of Cummins common stock: 1,181 shares, 947 shares and 280 shares. Together, these transactions total 2,408 shares sold on May 8, 2026, according to the Form 4 filing.

What does transaction code S mean in the Cummins (CMI) Form 4?

In this Cummins Form 4, transaction code S is described as a sale in open market or private transaction. All three reported transactions for Nicole Lamb-Hale use code S, indicating they were discretionary sales rather than option exercises or gifts.

Were Nicole Lamb-Hale’s Cummins (CMI) sales single trades or price ranges?

Footnotes state each reported price is a weighted average, meaning shares were sold in multiple trades within price ranges. The ranges span from $683.84–$684.615, $685.025–$685.84, and $686.05–$686.61, with full breakdowns available on request.