Davis Amy Rochelle 4
4 · CUMMINS INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
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
CUMMINS INCCMI
Davis Amy Rochelle
VP & Pres. - Accelera and Com
Transactions
- Award
Common
2026-03-01+5,181→ 23,008.013 total - Tax Payment
Common
[F1]2026-03-01$583.87/sh−883$515,557→ 22,125.013 total - Tax Payment
Common
[F1]2026-03-01$583.87/sh−2,264$1,321,882→ 19,861.013 total
Holdings
- 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.
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact|2026-03-03