Cummins (CMI) CEO sells 4,570 shares; exercises 4,570 options
Cummins Inc. (CMI) Chair and CEO reported insider transactions.
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Rhea-AI Filing Summary
Cummins Inc. (CMI) Chair and CEO reported insider transactions. On 11/11/2025, she exercised stock options for 4,570 shares at $109.09 and sold 1,690 shares at a weighted average price of $474.4242 and 2,880 shares at a weighted average price of $473.5694.
On 11/13/2025, a G-code transfer of 4,165 shares was reported at $0.00. Following these transactions, direct holdings were 21,346 shares. Indirect holdings included 1,491.5933 by a 401(k) plan, 7,967 via a GRAT, and 20,775 via GRAT 2025. The sales prices were reported as weighted averages.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common | 4,165 | $0.00 | $0.00 |
| Exercise | Stock Option (Right-to-Buy) | 4,570 | $0.00 | $0.00 |
| Exercise | Common | 4,570 | $109.09 | $499K |
| Sale | Common | 1,690 | $474.4242 | $802K |
| Sale | Common | 2,880 | $473.5694 | $1.36M |
| Holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| Holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| Holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| Holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| Holding | Stock Option (Right-to-Buy) | -- | -- | -- |
| Holding | Common | -- | -- | -- |
| Holding | Common | -- | -- | -- |
| Holding | Common | -- | -- | -- |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $474.19 - $474.59. 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.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $473.0967 - $473.93. 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.
- F3. On November 12, 2025, the reporting person transferred 3,406 shares from the GRAT to her directly owned shares, and then transferred 20,775 from her directly owned shares to GRAT 2025. None of these transfers changed the reporting person's pecuniary interest in the shares.
- F4. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CMI's CEO report?
Were the reported sale prices weighted averages?
What transfers were disclosed after the sales?
What are the CEO’s indirect holdings noted in the filing?
Did the GRAT transfers change pecuniary interest?
What stock options remain outstanding for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.
