Luther E. Peters - Mar 1, 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
Mar 1, 2024
Transactions value $
-$91,078
Form type
4
Date filed
3/5/2024, 07:59 PM
Previous filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +1.17K +20.42% $0.00 6.9K Mar 1, 2024 Direct F1
transaction CMI Common Tax liability -$91.1K -337 -4.88% $270.26 6.56K Mar 1, 2024 Direct F2
holding CMI Common 478 Mar 1, 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
holding CMI Stock Option (Right-to-Buy) 4.85K Mar 1, 2024 Common 4.85K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 2.67K Mar 1, 2024 Common 2.67K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 3.13K Mar 1, 2024 Common 3.13K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 2.18K Mar 1, 2024 Common 2.18K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 3.09K Mar 1, 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 20.8430 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.