Davis Amy Rochelle 4
Research Summary
AI-generated summary
Cummins (CMI) VP Amy Rochelle Davis Sells 1,864 Shares
What Happened
Amy Rochelle Davis, Vice President and President – Accelera and Commercial at Cummins Inc. (CMI), sold a total of 1,864 shares in multiple open-market/private-sale transactions on February 23, 2026, generating approximately $1,093,505 in proceeds. The sales break down as: 80 shares at a weighted-average $588.37 (≈ $47,070), 160 shares at $585.11 (≈ $93,618), 591 shares at $587.29 (≈ $347,091), and 1,033 shares at $586.38 (≈ $605,726). These were disposals (sales), which are often routine insider sales and do not by themselves indicate company performance or insider intent.
Key Details
- Transaction date: February 23, 2026; Form 4 filed February 24, 2026 (no late filing indicated in the provided info).
- Prices (reported as weighted averages) and ranges per footnotes:
- 80 shares at $588.37 (range reported: $588.30–$588.44) — F1
- 160 shares at $585.11 (range: $584.76–$585.36) — F2
- 591 shares at $587.29 (range: $586.80–$587.64) — F3
- 1,033 shares at $586.38 (range: $585.79–$586.77) — F4
- Total shares sold: 1,864; total proceeds ≈ $1,093,505.
- Shares owned after the transactions: not specified in the excerpt provided.
- Footnotes note that each reported price is a weighted average and the seller can provide exact per-trade details on request (per F1–F4).
Context
- These were straight sales (transaction code S), not option exercises or awards. Sales are common for tax, diversification, or personal-liquidity reasons; they’re factual disclosures and should not be taken alone as a signal about the company’s outlook.
- If you track insider activity, purchases generally carry more signal than routine sales; treat this disclosure as informational and consider it alongside other filings and fundamentals.