Harris Carla A 4
Research Summary
AI-generated summary
Cummins (CMI) Director Carla A. Harris Receives Award 306 Shares
What Happened
- Carla A. Harris, a director of Cummins Inc. (CMI), was credited with 306 shares on 2026-05-12 as an award/acquisition under the company’s deferred compensation arrangements. The reported acquisition price is $0.00, indicating these shares were granted/credited rather than purchased; total cash value was not reported on the Form 4.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely).
- Transaction type/code: A — Grant, award or other acquisition.
- Shares acquired: 306 shares at $0.00 per share.
- Footnote: Includes 37.3116 dividend-equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4 (F1).
- Shares owned after transaction: not specified in the provided filing details.
Context
- These shares were credited under a deferred compensation plan for non-employee directors; the $0.00 price reflects an award/credit rather than an open-market purchase, so it’s not a direct cash investment by the director.
- Awards and dividend-equivalent credits are common forms of director compensation and don’t necessarily indicate the insider’s market sentiment.