Tony Satterthwaite - 01 Mar 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
01 Mar 2024
Net transactions value
-$1,824,255
Form type
4
Filing time
05 Mar 2024, 19:58:46 UTC
Previous filing
21 Feb 2024
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +10,785 +15% $0.000000 84,526 01 Mar 2024 Direct
transaction CMI Common Tax liability $529,439 -1,959 -2.3% $270.26 82,567 01 Mar 2024 Direct F1
transaction CMI Common Tax liability $1,294,816 -4,791 -5.8% $270.26 77,776 01 Mar 2024 Direct F1
holding CMI Common 2,404 01 Mar 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) 24,250 01 Mar 2024 Common 24,250 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 24,510 01 Mar 2024 Common 24,510 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 15,630 01 Mar 2024 Common 15,630 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 9,250 01 Mar 2024 Common 9,250 $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.