Sharon R. Barner - 28 Feb 2024 Form 4 Insider Report for CUMMINS INC (CMI)

Role: VP - Chief Administrative Off.
Signature: /s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Issuer symbol: CMI
Transactions as of: 28 Feb 2024
Net transactions value: -$271,257
Form type: 4
Filing time: 29 Feb 2024, 18:48:21 UTC
Previous filing: 16 Feb 2024
Next filing: 05 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	Options Exercise	$298,452	+2,100	+12%	$142.12	18,999	28 Feb 2024	Direct
transaction	CMI	Common	Sale	$161,589	-600	-3.2%	$269.32	18,399	28 Feb 2024	Direct	F1
transaction	CMI	Common	Sale	$408,120	-1,500	-8.2%	$272.08	16,899	28 Feb 2024	Direct	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
transaction	CMI	Stock Option (Right-to-Buy)	Options Exercise	$0	-2,100	-58%	$0.000000	1,490	28 Feb 2024	Common	2,100	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						9,560	28 Feb 2024	Common	9,560	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						12,978	28 Feb 2024	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 $269.00 - $269.75. 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.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $272.00 - $272.31. 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.

Content

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $269.00 - $269.75. 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.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $272.00 - $272.31. 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.