Jennifer Rumsey - Mar 1, 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role: President & CEO, Director
Signature: /s/ Sharon Barner, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Mar 1, 2023
Transactions value $: -$186,409
Form type: 4
Date filed: 3/3/2023, 01:17 PM
Previous filing: Feb 28, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Award	$0	+2.56K	+457.25%	$0.00	3.12K	Mar 1, 2023	Direct
transaction	CMI	Common	Tax liability	-$186K	-748	-24.01%	$249.21	2.37K	Mar 1, 2023	Direct	F1
holding	CMI	Common						1.41K	Mar 1, 2023	By 401(k) Plan	F2
holding	CMI	Common						11.4K	Mar 1, 2023	By Trust

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)						11.6K	Mar 1, 2023	Common	11.6K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.34K	Mar 1, 2023	Common	1.34K	$128.05	Direct
holding	CMI	Stock Option (Right-to-Buy)						2.68K	Mar 1, 2023	Common	2.68K	$136.82	Direct
holding	CMI	Stock Option (Right-to-Buy)						13.3K	Mar 1, 2023	Common	13.3K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.07K	Mar 1, 2023	Common	1.07K	$149.34	Direct
holding	CMI	Stock Option (Right-to-Buy)						8.76K	Mar 1, 2023	Common	8.76K	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						350	Mar 1, 2023	Common	350	$154.35	Direct
holding	CMI	Stock Option (Right-to-Buy)						6.95K	Mar 1, 2023	Common	6.95K	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						12.3K	Mar 1, 2023	Common	12.3K	$163.43	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.24K	Mar 1, 2023	Common	1.24K	$166.18	Direct

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

Explanation of Responses:

Id	Content
F1	Shares withheld to satisfy tax liabilities relating to earned performance shares.
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.