Form 4: Cummins Inc. Director Karen H. Quintos Reports Acquisition of Common Stock

Director Karen H. Quintos reports acquisition of 604 shares of Cummins Inc. common stock on May 14, 2024, and indirect ownership of 2,758.0819 shares through a trust.

Summary

• On May 14, 2024, Karen H. Quintos, a director of Cummins Inc., acquired 604 shares of common stock at a price of $0.00.
• Following this transaction, Ms. Quintos directly owns 3,152.4774 shares of Cummins Inc.
• Ms. Quintos also indirectly owns 2,758.0819 shares through a trust.
• The report includes 16.1540 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as insider buying can be interpreted as a sign of confidence in the company.

Key Dates