Sharon R. Barner - May 7, 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Administrative Off.
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
May 7, 2024
Transactions value $
-$518,612
Form type
4
Date filed
5/8/2024, 02:11 PM
Previous filing
Mar 5, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $383K +2.39K +11.45% $160.10 23.3K May 7, 2024 Direct
transaction CMI Common Options Exercise $212K +1.49K +6.41% $142.12 24.8K May 7, 2024 Direct
transaction CMI Common Sale -$428K -1.49K -6.02% $287.00 23.3K May 7, 2024 Direct F1
transaction CMI Common Sale -$685K -2.39K -10.27% $286.77 20.9K May 7, 2024 Direct 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
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -2.39K -25% $0.00 7.17K May 7, 2024 Common 2.39K $160.10 Direct
transaction CMI Stock Option (Right-to-Buy) Options Exercise $0 -1.49K -100% $0.00* 0 May 7, 2024 Common 1.49K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 13K May 7, 2024 Common 13K $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $286.42 - $287.30. 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.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $286.37 - $287.36. 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.