Davis Amy Rochelle, Vice President and President of New Power, has demonstrated a consistent pattern of selling activity in Cummins Inc. (CMI) shares, with no recent purchases recorded in SEC filings. Over 33 reported transactions, Rochelle has sold approximately $10.3 million worth of CMI stock while purchasing just $310,688 in shares—a nearly 33-to-1 sell-to-buy ratio by dollar value. The selling activity has intensified recently, with 16 disposals since August 2025, including multiple high-value transactions on March 3, 2026, totaling over $2.1 million across six separate sales ranging from $67,911 to $948,621.
Notable transactions include a $1.32 million sale on March 1, 2026, and a $624,965 disposal on February 19, 2026, with earlier clusters of sales occurring in August 2025, when Rochelle liquidated over $2 million in CMI shares across seven transactions. The filings show no acquisitions since at least early 2025, suggesting a prolonged divestment trend. While some sales were marked as derivative transactions (code "M") or involved option exercises (code "F"), the overwhelming direction remains unidirectional—reducing exposure to Cummins stock. The absence of buying activity and the scale of disposals indicate a clear reduction in Rochelle’s equity position in CMI over the past year.
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