Tony Satterthwaite - Dec 8, 2022 Form 4 Insider Report for CUMMINS INC (CMI)

Role: Senior Vice President
Signature: /s/ Sharon Barner, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Dec 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/9/2022, 10:19 AM
Previous filing: Nov 15, 2022
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Award	$0	+4.41K	+7.44%	$0.00	63.7K	Dec 8, 2022	Direct	F1
holding	CMI	Common						2.29K	Dec 8, 2022	By 401(k) Plan	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CMI	Stock Option (Right-to-Buy)						24.3K	Dec 8, 2022	Common	24.3K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						11.2K	Dec 8, 2022	Common	11.2K	$136.82	Direct
holding	CMI	Stock Option (Right-to-Buy)						24.5K	Dec 8, 2022	Common	24.5K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						15.6K	Dec 8, 2022	Common	15.6K	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						10.9K	Dec 8, 2022	Common	10.9K	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						15.4K	Dec 8, 2022	Common	15.4K	$163.43	Direct
holding	CMI	Stock Option (Right-to-Buy)						9.25K	Dec 8, 2022	Common	9.25K	$166.18	Direct

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

Explanation of Responses:

Id	Content
F1	Earned performance-based restricted stock units that vest 3/1/2023.
F2	The number of shares is based on the dollar value of the reporting person's interest in the Cummins Stock Fund under the Company's 401(k) plan as most recently provided by the plan. The actual number of shares underlying the interest is not known since the Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents.