Luther E. Peters - 01 Mar 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role: VP - Corporate Controller
Signature: /s/ Sharon Barner, Attorney-in-Fact
Issuer symbol: CMI
Transactions as of: 01 Mar 2023
Net transactions value: -$42,366
Form type: 4
Filing time: 03 Mar 2023, 16:16:02 UTC
Previous filing: 01 Mar 2022
Next filing: 16 Feb 2024
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	+513	+7.7%	$0.000000	7,184	01 Mar 2023	Direct	F1
transaction	CMI	Common	Tax liability	$42,366	-170	-2.4%	$249.21	7,014	01 Mar 2023	Direct	F2
holding	CMI	Common						403	01 Mar 2023	By 401(k) Plan	F3

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)						4,850	01 Mar 2023	Common	4,850	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						2,235	01 Mar 2023	Common	2,235	$136.82	Direct
holding	CMI	Stock Option (Right-to-Buy)						2,665	01 Mar 2023	Common	2,665	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						1,600	01 Mar 2023	Common	1,600	$149.34	Direct
holding	CMI	Stock Option (Right-to-Buy)						3,125	01 Mar 2023	Common	3,125	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						2,175	01 Mar 2023	Common	2,175	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						3,085	01 Mar 2023	Common	3,085	$163.43	Direct

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

Explanation of Responses:

Id	Content
F1	Reflects 92.186 shares that had been acquired in exempt transactions under an employee stock purchase plan and dividend reinvestment program but not previously reflected on a Form 4.
F2	Shares withheld to satisfy tax liabilities relating to earned performance shares.
F3	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.