Sharon R. Barner - Aug 15, 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: Aug 15, 2024
Transactions value $: -$670,379
Form type: 4
Date filed: 8/19/2024, 01:50 PM
Previous filing: May 29, 2024
Next filing: Aug 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Options Exercise	$445K	+2.78K	+13.32%	$160.10	23.7K	Aug 15, 2024	Direct
transaction	CMI	Common	Options Exercise	$320K	+2K	+8.46%	$160.10	25.7K	Aug 15, 2024	Direct
transaction	CMI	Common	Sale	-$601K	-2K	-7.8%	$300.72	23.7K	Aug 15, 2024	Direct	F1
transaction	CMI	Common	Sale	-$834K	-2.78K	-11.75%	$300.08	20.9K	Aug 15, 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
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-2K	-41.84%	$0.00	2.78K	Aug 15, 2024	Common	2K	$160.10	Direct
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-2.78K	-100%	$0.00^*	0	Aug 15, 2024	Common	2.78K	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						13K	Aug 15, 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 $300.5200 - $301.1700. 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 $299.5000 - $300.4900. 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.

Content

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.5200 - $301.1700. 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.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.5000 - $300.4900. 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.