Mahesh Narang - Mar 1, 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role: VP & President - Components
Signature: /s/ Sharon Barner, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Mar 1, 2023
Transactions value $: -$39,624
Form type: 4
Date filed: 3/3/2023, 01:25 PM
Previous filing: Nov 17, 2022
Next filing: Mar 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Award	$0	+513	+17.76%	$0.00	3.4K	Mar 1, 2023	Direct
transaction	CMI	Common	Tax liability	-$39.6K	-159	-4.68%	$249.21	3.24K	Mar 1, 2023	Direct	F1
holding	CMI	Common						111	Mar 1, 2023	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)						1.27K	Mar 1, 2023	Common	1.27K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						585	Mar 1, 2023	Common	585	$136.82	Direct
holding	CMI	Stock Option (Right-to-Buy)						2.67K	Mar 1, 2023	Common	2.67K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.88K	Mar 1, 2023	Common	1.88K	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						315	Mar 1, 2023	Common	315	$157.48	Direct
holding	CMI	Stock Option (Right-to-Buy)						1.96K	Mar 1, 2023	Common	1.96K	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						3.09K	Mar 1, 2023	Common	3.09K	$163.43	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.