Insider trade

Officer sold ~$452K of CMI shares in the open market

Traded May 11, 2026 · Filed May 13, 2026

CumminsCMI

~$452K
Reported value · 642.82 sh @ $702.66: -26.4%
stock since the trade · S&P 500 +3.3%, $702.66 → $517.00 on Oct 1

Why it stands out

Cummins's & President - Operations sold $452K of Cummins shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 11, 2026
Reporting period: Not applicable
Filed with the SEC: May 13, 2026

OfficerIndirect holding$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$451,686

Shares × reported transaction price

Timing vs results

6 days after results of May 5, 2026, 85 days before results of Aug 4, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $702.66 on May 11, 2026, within 2% of its 52-week high, after a 34% rise over the previous 30 trading days

52-week range $314.26 (Jun 20, 2025) to $715.76 (May 6, 2026), 97% of the way up, from 251 adjusted closes. 30 trading days earlier: $523.24 on Mar 27, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Mar 5, 2025 in the U.S. District Court, S.D. Indiana. A filing is an allegation, not a finding.

BAKER v. CUMMINS INC., docket 1:25-cv-00430, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-10.8%	-0.7%	-10.1%
30 days	-5.1%	+0.9%	-6.0%
90 days	-11.0%	+3.3%	-14.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-005232
Filed / recorded: May 13, 2026, 7:47 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CUMMINS INC
Issuer CIK: 26172
Ticker: CMI
Reporting person: Bonnie J Fetch
Relationship: Officer
Officer title: EVP & President - Operations
Security: Common
Table: Non-derivative (Table I)
Transaction date: May 11, 2026
Transaction code: S
Shares / units: 642.8227
Price per share: $702.66
Acquired / disposed: Disposed (D)
Shares owned after: 0
Ownership form: Indirect — By 401(k) Plan
Amendment: No

Footnotes from the filing

The reporting person transferred her entire interest in the Cummins Stock Fund under the Company's 401(k) Plan into another fund in the plan. The Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents. As a result, the number of shares sold is only an estimate.