CUMMINS INC - 30 May 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
Issuer symbol: ATMU
Transactions as of: 30 May 2023
Net transactions value: $0
Form type: 4
Filing time: 31 May 2023, 16:43:22 UTC
Previous filing: 25 May 2023
Next filing: 19 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATMU	Common Stock	Sale		-16,243,070	-19%		67,054,726	30 May 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.