Cummins Inc - May 30, 2023 Form 4 Insider Report for Atmus Filtration Technologies Inc. (ATMU)

Role: 10%+ Owner
Signature: /s/ Sharon R. Barner, VP - Chief Administrative Officer & Corporate Secretary
Stock symbol: ATMU
Transactions as of: May 30, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/31/2023, 04:43 PM
Previous filing: May 25, 2023
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	ATMU	Common Stock	Sale		-16.2 M	-19.5%		67.1 M	May 30, 2023	Direct	F1

Explanation of Responses:

Id	Content
F1	Cummins Inc. disposed of 16,243,070 shares of Common Stock in exchange for outstanding debt obligations of Cummins Inc. as a result of the closing of the initial public offering of Atmus Filtration Technologies Inc. Common Stock on 05/30/2023. The debt obligations were valued at their fair market value, and the fair market value of the debt obligations exchanged equaled $18.38 per share of Common Stock exchanged.

Content

Cummins Inc. disposed of 16,243,070 shares of Common Stock in exchange for outstanding debt obligations of Cummins Inc. as a result of the closing of the initial public offering of Atmus Filtration Technologies Inc. Common Stock on 05/30/2023. The debt obligations were valued at their fair market value, and the fair market value of the debt obligations exchanged equaled $18.38 per share of Common Stock exchanged.