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

Role
VP & President - Components
Signature
/s/ Sharon Barner, Attorney-in-Fact
Issuer symbol
CMI
Transactions as of
01 Mar 2023
Net transactions value
-$39,624
Form type
4
Filing time
03 Mar 2023, 13:25:42 UTC
Previous filing
17 Nov 2022
Next filing
06 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Award $0 +513 +18% $0.000000 3,401 01 Mar 2023 Direct
transaction CMI Common Tax liability $39,624 -159 -4.7% $249.21 3,242 01 Mar 2023 Direct F1
holding CMI Common 111 01 Mar 2023 By 401(k) Plan F2

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
holding CMI Stock Option (Right-to-Buy) 1,265 01 Mar 2023 Common 1,265 $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 585 01 Mar 2023 Common 585 $136.82 Direct
holding CMI Stock Option (Right-to-Buy) 2,665 01 Mar 2023 Common 2,665 $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 1,880 01 Mar 2023 Common 1,880 $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 315 01 Mar 2023 Common 315 $157.48 Direct
holding CMI Stock Option (Right-to-Buy) 1,960 01 Mar 2023 Common 1,960 $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 3,085 01 Mar 2023 Common 3,085 $163.43 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax liabilities relating to earned performance shares.
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.