Luther E. Peters - Aug 8, 2025 Form 4 Insider Report for CUMMINS INC (CMI)

Role: VP - Corporate Controller
Signature: /s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol: CMI
Transactions as of: Aug 8, 2025
Transactions value $: -$1,358,473
Form type: 4
Date filed: 8/12/2025, 06:19 PM
Previous filing: Mar 4, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Peters Luther E	VP - Corporate Controller	500 JACKSON STREET, COLUMBUS	/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact	2025-08-12	0001912639

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CMI	Common	Options Exercise	$529K	+4.85K	+63.04%	$109.09	12.5K	Aug 8, 2025	Direct	F1
transaction	CMI	Common	Sale	-$633K	-1.63K	-12.95%	$389.85	10.9K	Aug 8, 2025	Direct	F2
transaction	CMI	Common	Sale	-$1.25M	-3.23K	-29.54%	$388.86	7.69K	Aug 8, 2025	Direct	F3
holding	CMI	Common						569	Aug 8, 2025	By 401(k) Plan	F4

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	-4.85K	-100%	$0.00	0	Aug 8, 2025	Common	4.85K	$109.09	Direct
holding	CMI	Stock Option (Right-to-Buy)						2.67K	Aug 8, 2025	Common	2.67K	$142.12	Direct
holding	CMI	Stock Option (Right-to-Buy)						3.13K	Aug 8, 2025	Common	3.13K	$149.72	Direct
holding	CMI	Stock Option (Right-to-Buy)						2.18K	Aug 8, 2025	Common	2.18K	$160.10	Direct
holding	CMI	Stock Option (Right-to-Buy)						3.09K	Aug 8, 2025	Common	3.09K	$163.43	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects 42.032 shares that had been acquired in exempt transactions under an employee stock purchase plan and dividend reinvestment program but not previously reflected on a Form 4.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $389.55 - $390.17. 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.
F3	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $388.45 - $389.42. 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.
F4	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.