Form 4: Cummins Inc. Executive Aaholm Reports Stock Transactions
SEC Form 4 Filing
Sherry A. Aaholm, VP Chief Digital Officer at Cummins Inc., reports acquisition of shares and disposition to cover tax liabilities.
Summary
- On March 1, 2024, Sherry A. Aaholm, VP Chief Digital Officer of Cummins Inc., acquired 2,580 shares of common stock at $0.00.
- On the same day, Aaholm disposed of 760 shares at $270.26 to cover tax liabilities related to earned performance shares.
- Following these transactions, Aaholm directly owns 9,703 shares of Cummins Inc. common stock.
- Aaholm also holds multiple stock options with various exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment between management's actions and shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 04/02/2018 | Date of exercisable for stock options with exercise price of $136.82 and expiration date of 04/02/2025 |
| 04/04/2019 | Date of exercisable for stock options with exercise price of $109.09 and expiration date of 04/04/2026 |
| 04/03/2020 | Date of exercisable for stock options with exercise price of $149.72 and expiration date of 04/03/2027 |
| 04/03/2021 | Date of exercisable for stock options with exercise price of $160.1 and expiration date of 04/03/2028 |
| 04/04/2022 | Date of exercisable for stock options with exercise price of $163.43 and expiration date of 04/04/2029 |
| 04/06/2023 | Date of exercisable for stock options with exercise price of $142.12 and expiration date of 04/06/2030 |
| 03/01/2024 | Date of stock acquisition and disposition. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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