Sharon R. Barner - 17 Feb 2023 Form 4 Insider Report for CUMMINS INC (CMI)

Role
VP - Chief Administrative Off.
Signature
/s/ Sharon Barner, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
17 Feb 2023
Net transactions value
-$636,863
Form type
4
Filing time
21 Feb 2023, 12:24:49 UTC
Previous filing
16 Feb 2023
Next filing
03 Mar 2023
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 $887,690 +5,929 +37% $149.72 22,073 17 Feb 2023 Direct
transaction CMI Common Sale $1,524,553 -5,929 -27% $257.13 16,144 17 Feb 2023 Direct 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 -5,929 -100% $0.000000* 0 17 Feb 2023 Common 5,929 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 15,990 17 Feb 2023 Common 15,990 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 9,560 17 Feb 2023 Common 9,560 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 12,978 17 Feb 2023 Common 12,978 $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 $257.000 - $257.6700. 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.