Cummins (CMI) VP Marvin Boakye Gifts 150 Shares

What Happened

• Marvin Boakye, Vice President and Chief Human Resources Officer of Cummins Inc. (CMI), disposed of 150 shares on 2026-05-11 via a gift (transaction code G). The Form 4 reports a price of $0.00 and $0.00 in proceeds, reflecting a non‑cash transfer rather than an open‑market sale.

Key Details

• Transaction date: 2026-05-11; Filing date (Form 4): 2026-05-12 (appears timely).
• Transaction type/code: Gift (G); reported price per share: $0.00; total reported proceeds: $0.00.
• Shares transferred: 150 shares.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable notes: no 10b5-1 plan, tax withholding, or late‑filing indication included in the provided data.

Context

• Gifts are a disposition that do not involve cash proceeds and generally do not convey the same market signal as open‑market purchases or sales. They can reflect personal, family, or charitable transfers rather than a view on the company’s prospects. For retail investors, purchases and sales are usually more informative than gifts.