Tony Satterthwaite - Mar 1, 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Role: Senior Vice President
Signature: /s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Mar 1, 2024
Transactions value $: -$1,824,255
Form type: 4
Date filed: 3/5/2024, 07:58 PM
Previous filing: Feb 21, 2024
Next filing: Mar 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Award	$0	+10.8K	+14.63%	$0.00	84.5K	Mar 1, 2024	Direct
transaction	CMI	Common	Tax liability	-$529K	-1.96K	-2.32%	$270.26	82.6K	Mar 1, 2024	Direct	F1
transaction	CMI	Common	Tax liability	-$1.29M	-4.79K	-5.8%	$270.26	77.8K	Mar 1, 2024	Direct	F1
holding	CMI	Common						2.4K	Mar 1, 2024	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)						24.3K	Mar 1, 2024	Common	24.3K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						24.5K	Mar 1, 2024	Common	24.5K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						15.6K	Mar 1, 2024	Common	15.6K	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						9.25K	Mar 1, 2024	Common	9.25K	$166.18	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.