Luther E. Peters - Mar 1, 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Corporate Controller
Signature
/s/ Sharon Barner, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Mar 1, 2023
Transactions value $
-$42,366
Form type
4
Date filed
3/3/2023, 04:16 PM
Previous filing
Mar 1, 2022
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +513 +7.69% $0.00 7.18K Mar 1, 2023 Direct F1
transaction CMI Common Tax liability -$42.4K -170 -2.37% $249.21 7.01K Mar 1, 2023 Direct F2
holding CMI Common 403 Mar 1, 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) 4.85K Mar 1, 2023 Common 4.85K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 2.24K Mar 1, 2023 Common 2.24K $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) 1.6K Mar 1, 2023 Common 1.6K $149.34 Direct
holding CMI Stock Option (Right-to-Buy) 3.13K Mar 1, 2023 Common 3.13K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 2.18K Mar 1, 2023 Common 2.18K $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 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.