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Cummins (CMI) HR chief reports bona fide gift of 150 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cummins Inc. vice president and chief human resources officer Marvin Boakye reported a charitable-style share transfer. On May 11, 2026, he made a bona fide gift of 150 shares of Cummins common stock at a stated price of $0.00 per share. After this non-market transaction, he directly holds 8,358 common shares. Gifts do not involve open-market buying or selling and mainly reflect personal estate or philanthropic decisions rather than a view on the stock’s value.

Positive

  • None.

Negative

  • None.
Insider Boakye Marvin
Role VP - CHRO
Type Security Shares Price Value
Gift Common 150 $0.00 --
Holdings After Transaction: Common — 8,358 shares (Direct, null)
Footnotes (1)
Shares gifted 150 shares Bona fide gift on May 11, 2026
Transaction price $0.00 per share Reported value for gifted Cummins common stock
Shares held after transaction 8,358 shares Direct ownership following May 11, 2026 gift
Gift transactions in filing 1 gift, 150 shares Form 4 transaction summary for gifts
bona fide gift financial
"The transaction_code_description field identifies the transfer as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): provides details of the reported transaction."
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
"The security_title for the reported transaction is listed as Common."
VP - CHRO financial
"The reporting person is an officer with the title VP - CHRO."
SEC Form 4
FORM 4UNITED 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*
Boakye Marvin

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP - CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common05/11/2026G150D$0.00008,358D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact05/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Cummins (CMI) report for Marvin Boakye?

Cummins reported that Marvin Boakye, its vice president and chief human resources officer, made a bona fide gift of 150 shares of common stock on May 11, 2026. This was a non-market transfer with no cash consideration reported.

How many Cummins (CMI) shares did Marvin Boakye gift and at what price?

Marvin Boakye gifted 150 shares of Cummins common stock at a reported transaction price of $0.00 per share. This reflects a bona fide gift rather than a purchase or sale on the open market.

How many Cummins (CMI) shares does Marvin Boakye hold after this Form 4 transaction?

Following the reported gift of 150 shares, Marvin Boakye directly holds 8,358 shares of Cummins common stock. This figure reflects his direct ownership position immediately after the May 11, 2026 transaction.

Does the Cummins (CMI) Form 4 show an open-market sale by Marvin Boakye?

No, the Form 4 shows a bona fide gift of 150 common shares by Marvin Boakye, not an open-market sale. The transaction was recorded at a price of $0.00 per share, indicating a non-cash transfer.

What transaction code was used for Marvin Boakye’s Cummins (CMI) share transfer?

The transaction used code G, which indicates a bona fide gift of securities. This code confirms the 150-share transfer was a gift rather than a purchase, sale, tax withholding, or option exercise event.

Does Marvin Boakye’s Cummins (CMI) Form 4 include any derivative securities activity?

No, the Form 4 data show no derivative securities transactions for this filing. The only reported activity is a non-derivative transfer, specifically a bona fide gift of 150 shares of Cummins common stock.