Walter J. Fier - Feb 22, 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Technical Officer
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Feb 22, 2023
Transactions value $
-$127,238
Form type
4
Date filed
2/23/2023, 02:28 PM
Previous filing
Dec 8, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $504K +3.09K +43.59% $163.43 10.2K Feb 22, 2023 Direct
transaction CMI Common Options Exercise $205K +1.24K +12.15% $166.18 11.4K Feb 22, 2023 Direct
transaction CMI Common Sale -$242K -955 -8.38% $253.55 10.4K Feb 22, 2023 Direct
transaction CMI Common Sale -$595K -2.35K -22.53% $252.77 8.09K Feb 22, 2023 Direct F1
holding CMI Common 0.252 Feb 22, 2023 By Spouse

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
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -3.09K -100% $0.00* 0 Feb 22, 2023 Common 3.09K $163.43 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -1.24K -100% $0.00* 0 Feb 22, 2023 Common 1.24K $166.18 Direct
holding CMI Stock Option (Right-to-Buy) 5.33K Feb 22, 2023 Common 5.33K $142.12 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $252.5600 - $253.1350. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.