Satterthwaite Tony's Form 4 filing
Cummins Inc (CMI) · filed Aug 30, 2022
- Accession no.
- 0001225208-22-009851
- Filed
- Aug 30, 2022
- Trade date
- Aug 17-26, 2022
- Filing delay
- 13 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.12M. It was filed 13 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Satterthwaite TonyCIK 0001438353 | Officer (Vice Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 17, 2022 | Common | GGiftDisposed | −1,798 | $0.00 | $0 | 63,626 | Direct | |
| Aug 26, 2022 | Common | MOption exerciseAcquired | +516 | $111.84 | +$57,709.44 | 64,142 | Direct | |
| Aug 26, 2022 | Common | SSaleDisposed | −516 | $230.05 | −$118,705.8 | 63,626 | Direct | |
| Aug 26, 2022 | Common | SSaleDisposed | −4,350 | $230.19 | −$1,001,326.5 | 59,276 | Direct | |
| Aug 25, 2022 | Common | ILess common codeDisposed | −854.36 | $228.97F1 | −$195,622.81 | 2,252.99 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 26, 2022 | Common | MOption exerciseDisposed | −516 | $0.00 | $0 | 11,404 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The reporting person made an intra-plan transfer of $195,621.93 out of the Cummins Stock Fund under the Company's 401(k) plan, with the number of shares equal to such amount divided by $228.97, which was the closing price on the date of the transaction. Because the Stock Fund is a unitized account, the actual number of shares and share price is not known.
Referenced by the price of 1 transaction in Table I.