Ashwath Ram - Sep 10, 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Sep 10, 2024
Transactions value $
$22,766
Form type
4
Date filed
9/12/2024, 05:18 PM
Previous filing
Mar 5, 2024
Next filing
Oct 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $22.8K +77.1 +99.48% $295.22 155 Sep 10, 2024 By 401(k) Plan F1, F2, F3
holding CMI Common 216 Sep 10, 2024 Direct
holding CMI Common 210 Sep 10, 2024 By mother F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person made an intra-plan transfer of $22,766.14 into the Cummins Stock Fund under the Company's 401(k) Plan. The number of shares reported was estimated by dividing the dollar amount transferred by $295.22, which was the closing price on the date of the transaction. Because the Cummins Stock Fund is a unitized account, the actual number of shares and share price is not known.
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.
F3 Reflects an adjustment since previously filed Form 4 because holding previously inadvertently reflected the number of units of the Stock Fund held rather than showing the number equivalent shares.
F4 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.