Form 4: Cummins Inc. VP Chief Human Resources Officer, Marvin Boakye, Reports Stock Purchase
SEC Filing Form 4
Marvin Boakye, VP Chief Human Resources Officer of Cummins Inc., reports purchasing 1,745 shares of common stock at an average price of $286.0361 on May 20, 2024.
Summary
- On May 20, 2024, Marvin Boakye, the VP Chief Human Resources Officer of Cummins Inc., purchased 1,745 shares of Cummins Inc. common stock.
- The purchase was made at a weighted average price of $286.0361 per share.
- The prices for individual transactions ranged from $285.9000 to $286.3400.
- Following the reported transaction, Mr. Boakye's beneficial ownership of Cummins Inc. securities was updated.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for corporate officers. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of stock purchase transaction |
| 05/21/2024 | Date of Form 4 filing |
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