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Filing Details

Accession Number:: 0001225208-22-011669
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-15 13:39:03
Reporting Period:: 2022-11-11

Accepted Time:: 2022-11-15 13:39:03
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
26172	Cummins Inc	CMI	Engines & Turbines (3510)	350257090

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1438353	Tony Satterthwaite	500 Jackson Street Columbus IN 47201	Senior Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common	Acquisiton	2022-11-11	6,404	$111.84	65,680	No	4	M	Direct
Common	Acquisiton	2022-11-11	1,300	$149.34	66,980	No	4	M	Direct
Common	Disposition	2022-11-11	1,000	$245.10	65,980	No	4	S	Direct
Common	Disposition	2022-11-11	1,300	$250.05	64,680	No	4	S	Direct
Common	Disposition	2022-11-11	1,617	$246.45	63,063	No	4	S	Direct
Common	Disposition	2022-11-11	3,787	$247.31	59,276	No	4	S	Direct
Common	Acquisiton	2022-11-14	7,610	$149.34	66,886	No	4	M	Direct
Common	Disposition	2022-11-14	7,610	$250.06	59,276	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common	Stock Option (Right-to-Buy)	Disposition	2022-11-11	6,404	$0.00	6,404	$111.84
Common	Stock Option (Right-to-Buy)	Disposition	2022-11-11	1,300	$0.00	1,300	$149.34
Common	Stock Option (Right-to-Buy)	Disposition	2022-11-14	7,610	$0.00	7,610	$149.34

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2015-04-02	2023-04-02	No	4	M	Direct
7,610	2017-04-02	2024-04-02	No	4	M	Direct
0	2017-04-02	2024-04-02	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common	2,274	Indirect	By 401(k) Plan

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common	Stock Option (Right-to-Buy)	$109.09	2019-04-04	2026-04-04	24,250	24,250	Direct
Common	Stock Option (Right-to-Buy)	$136.82	2018-04-02	2025-04-02	11,170	11,170	Direct
Common	Stock Option (Right-to-Buy)	$142.12	2023-04-06	2030-04-06	24,510	24,510	Direct
Common	Stock Option (Right-to-Buy)	$149.72	2020-04-03	2027-04-03	15,630	15,630	Direct
Common	Stock Option (Right-to-Buy)	$160.10	2021-04-03	2028-04-03	10,860	10,860	Direct
Common	Stock Option (Right-to-Buy)	$163.43	2022-04-04	2029-04-04	15,420	15,420	Direct
Common	Stock Option (Right-to-Buy)	$166.18	2022-10-16	2029-10-16	9,250	9,250	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-04-04	24,250	24,250	Direct
2025-04-02	11,170	11,170	Direct
2030-04-06	24,510	24,510	Direct
2027-04-03	15,630	15,630	Direct
2028-04-03	10,860	10,860	Direct
2029-04-04	15,420	15,420	Direct
2029-10-16	9,250	9,250	Direct

Footnotes

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $245 - $245.18. 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 $250 - $250.15. 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 $246.02 - $246.98. 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 $247.08 - $247.63. 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 $250 - $250.66. 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 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.