Form 4: Cummins Inc. Executive Nicole Lamb-Hale Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Nicole Lamb-Hale, VP, CLO & Corporate Secretary of Cummins Inc., reports acquisition and disposal of common stock due to earned performance shares and tax liabilities.
Summary
- On March 1, 2025, Nicole Lamb-Hale, VP, CLO & Corporate Secretary of Cummins Inc., reported changes in beneficial ownership of Cummins Inc. common stock.
- Lamb-Hale acquired 6,915 shares of common stock.
- She also disposed of 2,670 shares to satisfy tax liabilities at a price of $368.18 per share.
- Following these transactions, Lamb-Hale beneficially owns 12,023 shares of Cummins Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: acquisition and disposal of shares. |
| 03/04/2025 | Date of signature. |
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