JACKSON DONALD G 4
Research Summary
AI-generated summary
Cummins (CMI) VP Donald G. Jackson Sells 730 Shares
What Happened Donald G. Jackson, Vice President — Treasury & Tax at Cummins Inc. (CMI), sold a total of 730 shares in open-market transactions on May 14, 2026. The sales were: 90 shares at a weighted avg price of $712.70 (≈ $64,143), 160 shares at $711.61 (≈ $113,858), and 480 shares at a weighted avg price of $710.36 (≈ $340,974), for aggregate proceeds of about $518,975. These were disposals (sales), which are often routine insider selling rather than a purchase signal.
Key Details
- Transaction date: 2026-05-14 (all sales executed that day).
- Prices reported:
- 90 shares at weighted avg $712.70 (range reported: $712.66–$712.7250) — footnote F1.
- 160 shares at $711.61 (single reported price).
- 480 shares at weighted avg $710.36 (range reported: $710.3550–$710.37) — footnote F2.
- Total shares sold: 730; total proceeds ≈ $518,975.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote F3 notes that some share counts in related filings may be based on dollar values in the company 401(k) stock fund (unitized account ~98% stock, ~2% cash), so reported share numbers can be approximations.
- Filing timeliness: Report covers and was filed on 2026-05-14 (timely).
Context
- These were open-market sales (code S). Sales do not necessarily indicate negative views about the company — they can be for diversification, tax, or personal reasons. No option exercises, gifts, or 10% owner transactions are indicated in this filing.