Cummins (NYSE: CMI) CIO Earl Newsome sells 1,300 common shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cummins Inc. vice president and Chief Information Officer Earl Newsome reported selling a total of 1,300 shares of Cummins common stock in open-market transactions. On one set of trades, he sold 217 shares at a weighted average price of $584.4321 per share, leaving him with 4,472 shares.
In a separate set of trades the same day, he sold 1,083 shares at a weighted average price of $583.5220 per share, leaving him with 3,389 shares. The reported prices are weighted averages for multiple trades within price ranges of $584.08–$584.60 and $583.01–$583.8650, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,300 shares ($758,776)
Net Sell
2 txns
Insider
Newsome Earl
Role
VP - Chief Information Officer
Sold
1,300 shs ($759K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 217 | $584.4321 | $127K |
| Sale | Common | 1,083 | $583.522 | $632K |
Holdings After Transaction:
Common — 4,472 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 $584.08 - $584.60. 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 $583.01 - $583.8650. 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.
FAQ
What insider transaction did CUMMINS INC (CMI) report for Earl Newsome?
CUMMINS INC reported that VP and Chief Information Officer Earl Newsome sold a total of 1,300 shares of common stock in open-market transactions, disclosed on Form 4, reflecting routine insider trading activity with detailed pricing data and post-transaction share balances.
Were Earl Newsome’s CMI stock sales executed as open-market transactions?
Yes. Both insider transactions are coded as “S” for sales and described as open-market or private transactions. The filing notes weighted average prices for multiple executions, consistent with ordinary-course market sales executed at varying prices within disclosed ranges.