Jennifer Rumsey - Nov 11, 2025 Form 4 Insider Report for CUMMINS INC (CMI)

Signature
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact
Stock symbol
CMI
Transactions as of
Nov 11, 2025
Transactions value $
-$1,667,115
Form type
4
Date filed
11/13/2025, 07:42 PM
Previous filing
Oct 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
RUMSEY JENNIFER Chair and CEO, Director 500 JACKSON STREET, COLUMBUS /s/ Nicole Y. Lamb-Hale, Attorney-in-Fact 2025-11-13 0001651631

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMI Common Options Exercise $499K +4.57K +10.66% $109.09 47.5K Nov 11, 2025 Direct
transaction CMI Common Sale -$802K -1.69K -3.56% $474.42 45.8K Nov 11, 2025 Direct F1
transaction CMI Common Sale -$1.36M -2.88K -6.29% $473.57 42.9K Nov 11, 2025 Direct F2
transaction CMI Common Gift $0 -4.17K -16.33% $0.00 21.3K Nov 13, 2025 Direct F3
holding CMI Common 1.49K Nov 11, 2025 By 401(k) Plan F4
holding CMI Common 7.97K Nov 11, 2025 GRAT
holding CMI Common 20.8K Nov 11, 2025 GRAT 2025

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 -4.57K -100% $0.00 0 Nov 11, 2025 Common 4.57K $109.09 Direct
holding CMI Stock Option (Right-to-Buy) 13.3K Nov 11, 2025 Common 13.3K $142.12 Direct
holding CMI Stock Option (Right-to-Buy) 8.76K Nov 11, 2025 Common 8.76K $149.72 Direct
holding CMI Stock Option (Right-to-Buy) 6.95K Nov 11, 2025 Common 6.95K $160.10 Direct
holding CMI Stock Option (Right-to-Buy) 12.3K Nov 11, 2025 Common 12.3K $163.43 Direct
holding CMI Stock Option (Right-to-Buy) 1.24K Nov 11, 2025 Common 1.24K $166.18 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 $474.19 - $474.59. 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 $473.0967 - $473.93. 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 On November 12, 2025, the reporting person transferred 3,406 shares from the GRAT to her directly owned shares, and then transferred 20,775 from her directly owned shares to GRAT 2025. None of these transfers changed the reporting person's pecuniary interest in the shares.
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.