Boakye Marvin 4
4 · CUMMINS INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Cummins (CMI) VP CHRO Marvin Boakye Sells 3,481 Shares
What Happened Marvin Boakye, Vice President and Chief Human Resources Officer at Cummins Inc. (CMI), sold a total of 3,481 shares in open-market transactions on May 8, 2026. The sales were reported as five separate dispositions: 240 shares at a weighted avg $682.62 ($163,829); 360 shares at $681.40 ($245,304); 769 shares at $679.32 ($522,397); 1,000 shares at $680.63 ($680,630); and 1,112 shares at $678.57 ($754,570). Aggregate proceeds were approximately $2,366,730. These were outright sales (transaction code S), which are often routine dispositions rather than a direct signal about company prospects.
Key Details
- Transaction date: May 8, 2026 (filed May 11, 2026). Filing appears timely (within required business-day window).
- Prices: reported as weighted averages with transaction price ranges per footnotes: $682.36–$682.82; $681.00–$681.93; $679.03–$679.98; $680.05–$680.96; and $678.01–$678.99.
- Shares sold: total 3,481 across five trades; total proceeds ≈ $2.37 million.
- Shares owned after transaction: not disclosed in the provided Form 4 excerpt.
- Footnotes: each sale’s price is a weighted average; the filer offers to provide the exact per-trade breakdown on request.
Context
- These were open-market sales (S = sale). Sales are common for insiders for diversification, tax planning, or other personal reasons and do not by themselves prove a change in insider sentiment.
- No option exercises, awards, or gifts were reported in this filing.
Insider Transaction Report
Form 4
CUMMINS INCCMI
Boakye Marvin
VP - CHRO
Transactions
- Sale
Common
[F1]2026-05-08$682.62/sh−240$163,829→ 11,749 total - Sale
Common
[F2]2026-05-08$681.40/sh−360$245,304→ 11,389 total - Sale
Common
[F3]2026-05-08$679.32/sh−769$522,397→ 10,620 total - Sale
Common
[F4]2026-05-08$680.63/sh−1,000$680,630→ 9,620 total - Sale
Common
[F5]2026-05-08$678.57/sh−1,112$754,570→ 8,508 total
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $682.36 - $682.82. 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.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $681.00 - $681.93. 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.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $679.03 - $679.98. 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.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $680.05 - $680.96. 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.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $678.01 - $678.99. 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.
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact|2026-05-11