Norman Thomas Linebarger - Mar 1, 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role
Chairman & Executive Chairman, Director
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Mar 1, 2023
Transactions value $
-$1,891,005
Form type
4
Date filed
3/3/2023, 02:43 PM
Previous filing
Nov 28, 2022
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +18.4K +15.68% $0.00 136K Mar 1, 2023 Direct
transaction CMI Common Tax liability -$1.89M -7.59K -5.59% $249.21 128K Mar 1, 2023 Direct F1
holding CMI Common 8.97K Mar 1, 2023 By 401(k) Plan F2
holding CMI Common 21.9K Mar 1, 2023 By Child #1
holding CMI Common 21.9K Mar 1, 2023 By Child #2
holding CMI Common 240 Mar 1, 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
holding CMI Stock Option (Right-to-Buy) 132K Mar 1, 2023 Common 132K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 60.8K Mar 1, 2023 Common 60.8K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 95.9K Mar 1, 2023 Common 95.9K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 44.9K Mar 1, 2023 Common 44.9K $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 85.1K Mar 1, 2023 Common 85.1K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 61.7K Mar 1, 2023 Common 61.7K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 98.7K Mar 1, 2023 Common 98.7K $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.