Jennifer Rumsey - 01 Mar 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role
President & CEO, Director
Signature
/s/ Sharon Barner, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
01 Mar 2023
Net transactions value
-$186,409
Form type
4
Filing time
03 Mar 2023, 13:17:54 UTC
Previous filing
28 Feb 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +2,556 +457% $0.000000 3,115 01 Mar 2023 Direct
transaction CMI Common Tax liability $186,409 -748 -24% $249.21 2,367 01 Mar 2023 Direct F1
holding CMI Common 1,411 01 Mar 2023 By 401(k) Plan F2
holding CMI Common 11,373 01 Mar 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) 11,640 01 Mar 2023 Common 11,640 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 1,340 01 Mar 2023 Common 1,340 $128.05 Direct
holding CMI Stock Option (Right-to-Buy) 2,680 01 Mar 2023 Common 2,680 $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 13,320 01 Mar 2023 Common 13,320 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 1,070 01 Mar 2023 Common 1,070 $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 8,760 01 Mar 2023 Common 8,760 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 350 01 Mar 2023 Common 350 $154.35 Direct
holding CMI Stock Option (Right-to-Buy) 6,950 01 Mar 2023 Common 6,950 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 12,330 01 Mar 2023 Common 12,330 $163.43 Direct
holding CMI Stock Option (Right-to-Buy) 1,235 01 Mar 2023 Common 1,235 $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.