Cummins EVP reports equity award and tax share withholding

Cummins Inc. executive Bonnie J. Fetch reported equity-related transactions in company common stock.

Rhea-AI Filing Summary

Cummins Inc. executive Bonnie J. Fetch reported equity-related transactions in company common stock. She acquired 2,082 shares through an earned performance-based restricted stock unit award that will vest on February 19, 2027. To cover tax liabilities on earned performance shares, 903 shares were disposed of at a price of $596.91 per share via share withholding.

After these transactions, she directly owned 10,332 common shares and held stock options representing 752 shares. She also had an indirect interest in 1,590.7884 common shares through the company’s 401(k) plan, where the Cummins Stock Fund is a unitized account invested mostly in Cummins stock with a small cash component.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Fetch Bonnie J

Role EVP & President - Operations

Type	Security	Shares	Price	Value
Grant/Award	Common	2,082	$0.00	$0.00
Exercise Price or Tax Liability	Common	903	$596.91	$539K
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 10,332 shares (Direct); Stock Option (Right-to-Buy) — 752 contracts (Direct); Common — 1,590.7884 shares (Indirect, By 401(k) Plan)

Footnotes (3)

1. F1. Earned performance based restricted stock units that will vest on February 19, 2027.
2. F2. Shares withheld to satisfy tax liabilities relating to earned performance shares.
3. F3. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Cummins (CMI) EVP Bonnie J. Fetch report?

Bonnie J. Fetch reported an equity award and a related tax share withholding. She acquired 2,082 Cummins common shares via earned performance-based restricted stock units and had 903 shares withheld to satisfy tax liabilities tied to those performance shares.

Was the Cummins (CMI) insider transaction an open-market buy or sell?

No, the reported activity was not an open-market trade. Shares were acquired as a performance-based restricted stock unit award, and 903 shares were disposed of solely through withholding to cover tax liabilities on earned performance shares.

How many Cummins (CMI) shares does Bonnie J. Fetch hold after the Form 4?

Following the reported transactions, Bonnie J. Fetch directly owned 10,332 Cummins common shares. She also held stock options for 752 shares and an indirect interest in 1,590.7884 shares through the company’s 401(k) plan stock fund.

What price was used for Cummins (CMI) shares withheld for taxes?

The 903 Cummins shares withheld to satisfy tax liabilities were valued at a price of $596.91 per share. This tax-withholding disposition reflects payment of obligations related to earned performance shares rather than a discretionary market sale.

What is the nature of the Cummins (CMI) 401(k) plan holding reported on the Form 4?

The Form 4 shows an indirect interest in 1,590.7884 Cummins shares via the company’s 401(k) plan. This comes through the Cummins Stock Fund, a unitized account holding about 98% common stock and 2% cash or cash equivalents.

When will the reported Cummins (CMI) restricted stock units vest?

The earned performance-based restricted stock units reported by Bonnie J. Fetch will vest on February 19, 2027. These RSUs represent 2,082 Cummins common shares and were earned under performance criteria before being scheduled to vest on that date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/23/2026 - 05:21 PM Learn about SEC filing dates

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^*

Fetch Bonnie J

(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)
	EVP & President - Operations

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		2,082(1)	A	$0.0000	11,235	D
Common	02/19/2026		F(2)		903	D	$596.91	10,332	D
Common								1,590.7884(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
Stock Option (Right-to-Buy)	$142.12							04/06/2023	04/06/2030	Common	752		752	D

Explanation of Responses:

1. Earned performance based restricted stock units that will vest on February 19, 2027.

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).
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