Form 4: Cummins Inc. Executive Ashwath Ram Reports Stock Transactions

Ashwath Ram, V.P. of Supply Chain at Cummins Inc., reports an intra-plan transfer and adjustments to holdings in the company's 401(k) plan.

Summary

• On September 10, 2024, Ashwath Ram, V.P. of Supply Chain at Cummins Inc., reported transactions involving Cummins common stock.
• Ram made an intra-plan transfer of $22,766.14 into the Cummins Stock Fund within the company's 401(k) plan, resulting in the acquisition of approximately 77.1158 shares at a price of $295.22 per share.
• The report also reflects an adjustment to previously filed information regarding holdings in the Cummins Stock Fund, correcting the number of equivalent shares held.
• Ram also indirectly owns 154.6317 shares through the 401(k) plan and 210.401 shares by mother.
• Ram disclaims beneficial ownership of securities held by mother.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't convey any particular positive or negative sentiment.

Management Comments

• The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a company executive.

Key Dates