[144] Cummins Inc. SEC Filing

Rhea-AI Filing Summary

Cummins Inc. (CMI) insider Mark A. Smith reported the proposed sale of 6,500 common shares to be executed through Morgan Stanley Smith Barney LLC on the NYSE on 08/13/2025, with an aggregate market value of $2,593,890.00. The filing states these shares were acquired the same day by exercise of stock options and paid for in cash.

The notice also discloses prior 10b5-1 sales by Mark A. Smith on 08/12/2025 of 6,000 shares for $2,370,000.00. The filer affirms no knowledge of undisclosed material adverse information. These entries describe an option exercise followed by planned dispositions; the disclosed amounts are small compared with 137,786,038 shares outstanding.

Positive

• Transaction executed through a major broker: Morgan Stanley Smith Barney LLC is identified as the broker handling the sale.
• Use of 10b5-1 plan referenced: Prior 10b5-1 sales are disclosed, indicating prearranged trading activity and compliance steps.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider exercised options and will sell 6,500 shares on 08/13/2025; transaction appears routine and compliance-driven.

The filing shows a same-day exercise of stock options and a proposed sale of 6,500 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $2,593,890.00. A prior 10b5-1 sale of 6,000 shares for $2,370,000.00 on 08/12/2025 is also reported. From a trading-impact perspective these disclosures document liquidity events by an insider rather than operational or financial changes at the company; materiality to shareholders appears limited based on the disclosed share counts and values.

Corporate Governance Expert

TL;DR: The disclosure references a 10b5-1 sale and an insider representation of no undisclosed material information, indicating adherence to compliance norms.

The notice includes a representation that the person for whose account the securities are to be sold does not know any material nonpublic information, and it explicitly identifies 10b5-1 sales activity. These elements suggest the transactions are being processed under standard insider-trading compliance frameworks. The filing does not indicate any governance events or departures; its primary relevance is transparency about insider option exercise and subsequent disposition.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6500	2593890.00	137786038	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/13/2025	Exercise of Stock Options	Issuer			6500	08/13/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MARK A. SMITH 500 Jackson Street Columbus IN 47202	COMMON	08/12/2025	6000	2370000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the Cummins (CMI) Form 144 disclose about insider sales?

The filing discloses a proposed sale of 6,500 common shares to be sold on 08/13/2025 through Morgan Stanley Smith Barney LLC with an aggregate market value of $2,593,890.00.

How were the 6,500 Cummins shares acquired by the insider?

The filing states the shares were acquired on 08/13/2025 by exercise of stock options and the purchase was paid in cash.

Did the filing report any recent 10b5-1 sales for Cummins insiders?

Yes. The filing shows 10b5-1 sales by Mark A. Smith on 08/12/2025 of 6,000 shares for $2,370,000.00.

On which exchange will the Cummins shares be sold?

The proposed sale is reported to take place on the NYSE.

Does the filing state whether the insider knows any undisclosed material information?

The filer includes a representation that the person does not know any material adverse information about the issuer that has not been publicly disclosed.