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CUMMINS INC — Director's Dealing 2025
Nov 14, 2025
29984_dirs_2025-11-13_687dc9ef-957e-4c13-9e6e-4f29de45ed78.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2025-11-11
Reporting Person: RUMSEY JENNIFER (Director, Chair and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-11-11 | Common | M | 4570.0000 | $109.0900 | Acquired | 47450.0000 | Direct |
| 2025-11-11 | Common | S | 1690.0000 | $474.4242 | Disposed | 45760.0000 | Direct |
| 2025-11-11 | Common | S | 2880.0000 | $473.5694 | Disposed | 42880.0000 | Direct |
| 2025-11-13 | Common | G | 4165.0000 | $0.0000 | Disposed | 21346.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-11 | Stock Option (Right-to-Buy) | $109.0900 | M | 4570.0000 | Disposed | 2026-04-04 | Common (4570.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 1491.5933 | Indirect |
| Common | 7967.0000 | Indirect |
| Common | 20775.0000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $142.1200 | 2030-04-06 | Common (13320.0000) | 13320.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (8760.0000) | 8760.0000 | Direct |
| Stock Option (Right-to-Buy) | $160.1000 | 2028-04-03 | Common (6950.0000) | 6950.0000 | Direct |
| Stock Option (Right-to-Buy) | $163.4300 | 2029-04-04 | Common (12330.0000) | 12330.0000 | Direct |
| Stock Option (Right-to-Buy) | $166.1800 | 2029-10-16 | Common (1235.0000) | 1235.0000 | Direct |
Footnotes
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.