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

Ashwath Ram, V.P. of Supply Chain at Cummins Inc., reports acquisition and disposal of company stock, including shares withheld for tax liabilities and holdings through a 401(k) plan and by mother.

Summary

• On March 1, 2024, Ashwath Ram, V.P. of Supply Chain at Cummins Inc., reported transactions involving Cummins common stock.
• He acquired 330 shares at $0.00, and 119 shares were disposed of at $270.26 to cover tax liabilities related to earned performance shares.
• Following these transactions, Ram directly owns 216.036 shares.
• Ram also has indirect ownership of 104.1464 shares through the company's 401(k) plan and 210.401 shares held by his mother, of which he disclaims beneficial ownership.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine disclosure of insider trading activity, required by the SEC to ensure transparency and prevent illegal trading practices. It provides insight into the actions of company executives regarding their holdings in the company.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the overall outstanding shares.
• The disclosure provides transparency to shareholders regarding insider activity.

Key Dates