Brett Michael Merritt - 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
-$104,861
Form type
4
Filing time
05 Mar 2024, 20:00:32 UTC
Previous filing
10 Jan 2024
Next filing
20 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +1,290 +72% $0.000000 3,074 01 Mar 2024 Direct
transaction CMI Common Tax liability $104,861 -388 -13% $270.26 2,686 01 Mar 2024 Direct F1
holding CMI Common 142 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) 970 01 Mar 2024 Common 970 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 2,400 01 Mar 2024 Common 2,400 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 1,000 01 Mar 2024 Common 1,000 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 1,300 01 Mar 2024 Common 1,300 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 2,160 01 Mar 2024 Common 2,160 $163.43 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.