Srikanth Padmanabhan - 16 Aug 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Role
President - Engine Busines
Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
16 Aug 2024
Net transactions value
-$839,138
Form type
4
Filing time
20 Aug 2024, 14:17:18 UTC
Previous filing
06 Jun 2024
Next filing
19 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $1,872,997 +12,510 +47% $149.72 39,112 16 Aug 2024 Direct
transaction CMI Common Tax liability $2,712,135 -8,991 -23% $301.65 30,121 16 Aug 2024 Direct
holding CMI Common 536 16 Aug 2024 By 401(k) Plan F1

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 -12,510 -100% $0.000000 0 16 Aug 2024 Common 12,510 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 15,990 16 Aug 2024 Common 15,990 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 9,560 16 Aug 2024 Common 9,560 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 13,570 16 Aug 2024 Common 13,570 $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.