Cummins Inc. Former Officer Files Form 144 for $501K Common Stock Sale
CUMMINS INC
Subscribe to track CMI
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
š Form 144 Notice of Proposed Sale: Cummins Inc ($CMI) š¤ Filer: JOHN O GAIDOO (Former Officer) š¦ Shares to Sell: 916 Common Shares š° Est. Value: $501,747.43 (~$547.76/share) š Approximate Sale Date: September 3, 2026 šļø Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Executive Summary
On September 3, 2026, John O Gaidoo, identified as a former officer of Cummins Inc ($CMI), submitted a Form 144 filing outlining the proposed sale of 916 shares of common stock. The aggregate market value of the proposed transaction is approximately $501,747.43, representing an average price of ~$547.76 per share.
Key Transaction Highlights
- Filer: John O Gaidoo (Former Officer)
- Shares Offered: 916 shares of Common Stock
- Aggregate Market Value: $501,747.43
- Approximate Sale Date: September 3, 2026
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Origin of Shares: Acquired on March 1, 2026, via restricted stock vesting under a registered plan as compensation for services rendered.
Market Impact & Significance
- Significance Level: Low
- Context: The proposed sale accounts for an immaterial percentage of Cummins Inc.'s 137,664,487 outstanding shares. In addition, the filer is a former officer divesting previously vested equity compensation. Consequently, this filing is not anticipated to have any noticeable impact on CMI share price or broader market sentiment.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.