Norman Thomas Linebarger - 01 Mar 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Reporting relationship
Chairman & Executive Chairman, Director
Issuer ticker
CMI
Reported as of
01 Mar 2023
Net transaction value
-$1,891,005
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 14:43:24 UTC
Prior SEC filing
28 Nov 2022
Next SEC filing
15 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sharon Barner, Attorney-in-Fact

Key filing fact

Norman Thomas Linebarger filed Form 4 for CUMMINS INC (CMI) on 03 Mar 2023.

Key facts

  • This page summarizes Norman Thomas Linebarger's Form 4 filing for CUMMINS INC (CMI).
  • 2 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2023, 14:43.

Change

  • Previous filing in this sequence was filed on 28 Nov 2022.
  • Current net transaction value: -$1,891,005.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CMI transaction

Common

Award

Transaction value
$0
Shares
+18,396
Change %
+16%
Price
$0.000000
Shares after
135,683
Date
01 Mar 2023
Ownership
Direct
CMI transaction

Common

Tax liability

Transaction value
$1,891,005
Shares
-7,588
Change %
-5.6%
Price
$249.21
Shares after
128,095
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1
CMI holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,970
Date
01 Mar 2023
Ownership
By 401(k) Plan
Footnotes
F2
CMI holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21,930
Date
01 Mar 2023
Ownership
By Child #1
CMI holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
21,929
Date
01 Mar 2023
Ownership
By Child #2
CMI holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
240
Date
01 Mar 2023
Ownership
By Spouse

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
131,920
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
131,920
Exercise price
$109.09
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
60,780
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
60,780
Exercise price
$136.82
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
95,920
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
95,920
Exercise price
$142.12
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
44,890
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
44,890
Exercise price
$149.34
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
85,050
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
85,050
Exercise price
$149.72
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
61,700
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
61,700
Exercise price
$160.10
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
98,670
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
98,670
Exercise price
$163.43
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Shares withheld to satisfy tax liabilities relating to earned performance shares.

Footnote 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.

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