Luther E. Peters - Feb 16, 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Corporate Controller
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Feb 16, 2024
Transactions value $
-$853,488
Form type
4
Date filed
2/16/2024, 06:12 PM
Previous filing
Mar 3, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $306K +2.24K +31.49% $136.82 9.33K Feb 16, 2024 Direct F1
transaction CMI Common Options Exercise $239K +1.6K +17.14% $149.34 10.9K Feb 16, 2024 Direct
transaction CMI Common Sale -$1.4M -5.23K -47.79% $267.60 5.71K Feb 16, 2024 Direct F2
holding CMI Common 478 Feb 16, 2024 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
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -1.6K -100% $0.00* 0 Feb 16, 2024 Common 1.6K $149.34 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -2.24K -100% $0.00* 0 Feb 16, 2024 Common 2.24K $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 4.85K Feb 16, 2024 Common 4.85K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 2.67K Feb 16, 2024 Common 2.67K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 3.13K Feb 16, 2024 Common 3.13K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 2.18K Feb 16, 2024 Common 2.18K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 3.09K Feb 16, 2024 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 84.244 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $267.43 - $267.82. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.
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.

Remarks:

peterspoa.txt