Davis Amy Rochelle 4
4 · CUMMINS INC · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Cummins (CMI) VP Amy Rochelle Davis Withholds 1,047 Shares for Taxes
What Happened
Amy Rochelle Davis, a Vice President & President (Accelera and Com) at Cummins Inc. (CMI), had 1,047 shares withheld on 2026-02-19 to satisfy tax liabilities related to earned performance shares. The filing reports a per-share value of $596.91, for a total of $624,965. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-19
- Report filed with SEC: 2026-02-23 (see Form 4 accession 0001225208-26-002419)
- Action/code: F — payment of exercise price or tax liability (shares withheld)
- Shares withheld/disposed: 1,047 shares at $596.91 each; total value $624,965
- Footnote: Shares were withheld to satisfy tax liabilities relating to earned performance shares (F1)
- Shares owned after transaction: not disclosed in the provided filing
- Filing timeliness: filing date is shown; timeliness flag not provided in the summary data
Context: This was a routine tax-withholding event tied to earned performance shares (a common administrative transaction). Because the shares were withheld to cover taxes rather than sold on the open market, this action typically reflects tax obligations rather than a signal of the insider’s view on the company’s stock.
Insider Transaction Report
- Tax Payment
Common
[F1]2026-02-19$596.91/sh−1,047$624,965→ 19,691.013 total
- 2,130
Stock Option (Right-to-Buy)
Exercise: $142.12From: 2023-04-06Exp: 2030-04-06→ Common (2,130 underlying) - 2,160
Stock Option (Right-to-Buy)
Exercise: $163.43From: 2022-04-04Exp: 2029-04-04→ Common (2,160 underlying) - 800
Stock Option (Right-to-Buy)
Exercise: $170.95From: 2023-07-01Exp: 2030-07-01→ Common (800 underlying)
Footnotes (1)
- [F1]Shares withheld to satisfy tax liabilities relating to earned performance shares.