Cummins (CMI) EVP Bonnie Fetch sells 652 shares, details remaining holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cummins Inc. executive Bonnie J. Fetch reported an open-market sale of company stock. As EVP & President - Operations, she sold 652 shares of Cummins common stock in a non-derivative transaction at a weighted average price of $700.1899 per share, with individual trade prices ranging from $700.00 to $700.38. Following this sale, she directly holds 11,679 shares of common stock.
In addition, Fetch has an indirect interest in approximately 642.8227 shares through the company’s 401(k) plan, where holdings are measured via a unitized Cummins Stock Fund that is about 98% common stock and 2% cash or equivalents. She also holds stock options covering 752 underlying common shares at an exercise price of $142.1200 per share, exercisable until April 6, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 652 shares ($456,524)
Net Sell
3 txns
Insider
Fetch Bonnie J
Role
EVP & President - Operations
Sold
652 shs ($457K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 652 | $700.1899 | $457K |
| holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 11,679 shares (Direct, null);
Stock Option (Right-to-Buy) — 752 shares (Direct, null);
Common — 642.823 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $700.00 - $700.38. 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 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
Shares sold: 652 shares
Weighted average sale price: $700.1899 per share
Direct holdings after sale: 11,679 shares
+4 more
7 metrics
Shares sold
652 shares
Common stock open-market sale on 2026-05-11
Weighted average sale price
$700.1899 per share
Common stock sale price range $700.00–$700.38
Direct holdings after sale
11,679 shares
Common stock held directly after transaction
Indirect 401(k) interest
642.8227 shares (approx.)
Interest in Cummins Stock Fund under 401(k) plan
Option exercise price
$142.1200 per share
Stock Option (Right-to-Buy) on Cummins common
Option underlying shares
752.0000 shares
Underlying common shares for outstanding stock option
Option expiration date
2030-04-06
Stock Option (Right-to-Buy) expiry
Key Terms
open-market sale, Stock Option (Right-to-Buy), 401(k) plan, weighted average price, +1 more
5 terms
open-market sale financial
"sale in open market or private transaction"
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.
Stock Option (Right-to-Buy) financial
"security_title: Stock Option (Right-to-Buy)"
401(k) plan financial
"interest in the Cummins Stock Fund under the Company's 401(k) 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.
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.
unitized account financial
"The Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash"
FAQ
What insider transaction did Cummins (CMI) report for Bonnie J. Fetch?
Cummins reported that EVP & President - Operations Bonnie J. Fetch sold 652 shares of common stock in an open-market transaction. The filing also shows her remaining direct holdings, 401(k) plan interest, and outstanding stock options on Cummins shares.
What stock options on Cummins (CMI) does Bonnie J. Fetch retain?
Bonnie J. Fetch retains stock options described as “Stock Option (Right-to-Buy)” on 752 underlying Cummins common shares. These options carry an exercise price of $142.1200 per share and have an expiration date of April 6, 2030, according to the filing.
How is Bonnie J. Fetch’s Cummins (CMI) 401(k) holding reported?
Her 401(k) holding is reported as an indirect interest of about 642.8227 shares in the Cummins Stock Fund. This fund is unitized and consists of approximately 98% Cummins common stock and 2% cash or cash equivalents, so the exact underlying share count may vary.