Mahesh Narang - 01 Mar 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2023, 13:25:42 UTC
Prior SEC filing
17 Nov 2022
Next SEC filing
06 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sharon Barner, Attorney-in-Fact

Key filing fact

Mahesh Narang filed Form 4 for CUMMINS INC (CMI) on 03 Mar 2023.

Key facts

  • This page summarizes Mahesh Narang's Form 4 filing for CUMMINS INC (CMI).
  • 2 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2023, 13:25.

Change

  • Previous filing in this sequence was filed on 17 Nov 2022.
  • Current net transaction value: -$39,624.

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
+513
Change %
+18%
Price
$0.000000
Shares after
3,401
Date
01 Mar 2023
Ownership
Direct
CMI transaction

Common

Tax liability

Transaction value
$39,624
Shares
-159
Change %
-4.7%
Price
$249.21
Shares after
3,242
Date
01 Mar 2023
Ownership
Direct
Footnotes
F1
CMI holding

Common

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
111
Date
01 Mar 2023
Ownership
By 401(k) Plan
Footnotes
F2

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
1,265
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
1,265
Exercise price
$109.09
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
585
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
585
Exercise price
$136.82
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,665
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
2,665
Exercise price
$142.12
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,880
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
1,880
Exercise price
$149.72
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
315
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
315
Exercise price
$157.48
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,960
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
1,960
Exercise price
$160.10
CMI holding Derivative

Stock Option (Right-to-Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,085
Date
01 Mar 2023
Ownership
Direct
Underlying class
Common
Underlying amount
3,085
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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