CUMMINS INC·4

Mar 3, 5:27 PM ET

Davis Amy Rochelle 4

4 · CUMMINS INC · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Cummins VP Amy Rochelle Davis Receives Award; Shares Withheld

What Happened

  • Amy Rochelle Davis, Vice President & President — Accelera and Commercial, received an award of 5,181 performance shares on 2026-03-01 (code A).
  • To satisfy tax withholding obligations on those earned shares, 3,147 shares were withheld/disposed (codes F) on the same date: 883 shares withheld at $583.87 each ($515,557) and 2,264 shares withheld at $583.87 each ($1,321,882), totaling about $1,837,439. The award shares are reported at $0.00 per share (typical for granted/vested awards).

Key Details

  • Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
  • Award: 5,181 performance shares (code A, reported $0.00 per share).
  • Withholding disposals: 883 shares and 2,264 shares at $583.87 each; total withheld value ≈ $1,837,439 (codes F).
  • Footnote: F1 — shares were withheld to satisfy tax liabilities relating to earned performance shares.
  • Shares owned after transaction: not disclosed in this filing.

Context

  • This appears to be a standard net-share settlement/tax-withholding on earned performance shares, not an open-market sale or purchase. Withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a personal decision to sell additional shares.

Insider Transaction Report

Form 4
Period: 2026-03-01
Davis Amy Rochelle
VP & Pres. - Accelera and Com
Transactions
  • Award

    Common

    2026-03-01+5,18123,008.013 total
  • Tax Payment

    Common

    [F1]
    2026-03-01$583.87/sh883$515,55722,125.013 total
  • Tax Payment

    Common

    [F1]
    2026-03-01$583.87/sh2,264$1,321,88219,861.013 total
Holdings
  • Stock Option (Right-to-Buy)

    Exercise: $142.12From: 2023-04-06Exp: 2030-04-06Common (2,130 underlying)
    2,130
  • Stock Option (Right-to-Buy)

    Exercise: $163.43From: 2022-04-04Exp: 2029-04-04Common (2,160 underlying)
    2,160
  • Stock Option (Right-to-Buy)

    Exercise: $170.95From: 2023-07-01Exp: 2030-07-01Common (800 underlying)
    800
Footnotes (1)
  • [F1]Shares withheld to satisfy tax liabilities relating to earned performance shares.
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact|2026-03-03

Documents

1 file
  • 4
    doc4.xmlPrimary