Form 4: Cummins Inc. Director Allen Bruno Di Leo V Reports Acquisition of Common Stock

Director Allen Bruno Di Leo V reports acquiring 604 shares of Cummins Inc. common stock at $0.00 on May 14, 2024, bringing his total holdings to 9,423.1039 shares.

Summary

• On May 14, 2024, Allen Bruno Di Leo V, a director of Cummins Inc., acquired 604 shares of common stock.
• The acquisition was made at a price of $0.00 per share.
• Following the transaction, Di Leo's beneficial ownership of Cummins Inc. common stock increased to 9,423.1039 shares, which includes 631.1029 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.
• The report was filed on May 17, 2024, by Nicole Y. Lamb-Hale, Attorney-in-Fact, on behalf of Di Leo.
• A power of attorney document authorizes Karen M.R. Weber and Nicole Y. Lamb-Hale to act on Di Leo's behalf for SEC filings related to Cummins Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition, which doesn't inherently suggest positive or negative implications.

Positives

• The director's increased stake could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The increased stake of a director may positively influence shareholder confidence.

Key Dates