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Cummins (CMI) VP reports 553-share award and 172-share tax withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cummins Inc. executive Benjamin G. Wright, VP and President Distribution Business, reported equity compensation transactions in company common stock. On February 19, 2026, he acquired 553 shares through earned performance-based share awards at a stated price of $0.0000 per share, reflecting a grant rather than a purchase.

On the same date, 172 shares were disposed of at $596.91 per share to satisfy tax liabilities related to the earned performance shares, leaving 2,888 directly held shares afterward. He also reported 833.5068 shares held indirectly through the company 401(k) plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wright Benjamin G.

(Last) (First) (Middle)
500 JACKSON STREET

(Street)
COLUMBUS IN 47201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CUMMINS INC [ CMI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and President Dist Business
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 02/19/2026 A 553(1) A $0.0000 3,060 D
Common 02/19/2026 F(2) 172 D $596.91 2,888 D
Common 833.5068(3) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Earned performance based shares.
2. Shares withheld to satisfy tax liabilities relating to earned performance shares.
3. 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.
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Cummins (CMI) executive Benjamin G. Wright report?

Benjamin G. Wright reported receiving 553 Cummins common shares as earned performance-based awards and disposing of 172 shares to cover tax liabilities, both dated February 19, 2026. These transactions reflect equity compensation activity rather than open-market trading.

How many Cummins (CMI) shares does Benjamin G. Wright hold after these Form 4 transactions?

After the reported transactions, Benjamin G. Wright directly holds 2,888 Cummins common shares. He also has an indirect holding reported as 833.5068 shares through the company’s 401(k) plan, based on the most recent valuation of the Cummins Stock Fund.

What was the nature of the 553-share acquisition reported by Cummins (CMI) executive Wright?

The 553-share acquisition was a grant of earned performance-based shares, recorded at $0.0000 per share. This represents stock-based compensation awarded to Benjamin G. Wright, rather than an open-market purchase of Cummins common stock.

Why were 172 Cummins (CMI) shares disposed of in Benjamin G. Wright’s Form 4?

The 172-share disposition at $596.91 per share was to satisfy tax liabilities associated with the earned performance shares. This tax-withholding disposition delivers shares to cover taxes instead of Wright selling shares on the open market.

How are Benjamin G. Wright’s Cummins (CMI) 401(k) holdings reported on the Form 4?

The Form 4 reports an indirect holding of 833.5068 shares through the Cummins Stock Fund in the company’s 401(k) plan. The filing notes this figure is based on the dollar value of his fund interest, since the fund is a unitized account.
Cummins Inc

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81.97B
137.69M
Specialty Industrial Machinery
Engines & Turbines
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United States
COLUMBUS