Cummins (NYSE: CMI) CIO sells 698 shares around $572
Rhea-AI Filing Summary
CUMMINS INC (CMI) reported that officer Earl Newsome, VP - Chief Information Officer, sold 698 shares of common stock on 2026-08-24 in an open market or private transaction. The weighted average sale price was about $572.22 per share, with individual trades ranging from $571.99 to $572.93. After this transaction, he directly holds 4,479 common shares of Cummins.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 698 shares
Net Sell
1 txn
Insider
Newsome Earl
Role
VP - Chief Information Officer
Sold
698 shs ($399K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common F1 | 698 | $572.2211 | $399K |
Holdings After Transaction:
Common — 4,479 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $571.99 - $572.93. 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.
Key Figures
Shares sold: 698 shares
Weighted average sale price: $572.2211 per share
Sale price range: $571.99–$572.93 per share
+1 more
4 metrics
Shares sold
698 shares
Common stock sold on 2026-08-24 by Earl Newsome
Weighted average sale price
$572.2211 per share
Weighted average price for the 698 shares sold
Sale price range
$571.99–$572.93 per share
Range of prices for multiple trades comprising the reported sale
Shares owned after transaction
4,479 shares
Directly held Cummins common shares by Earl Newsome after the sale
Key Terms
weighted average price, open market or private transaction, non-derivative
3 terms
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.
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did Cummins Inc (CMI) report for Earl Newsome?
Cummins reported that VP - Chief Information Officer Earl Newsome sold 698 shares of Cummins common stock on 2026-08-24 in a sale classified as an open market or private transaction.
Was the Cummins (CMI) insider sale under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is marked false, and the footnote does not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.