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Cummins (CMI) VP Nathan Stoner reports share grant and tax withholding

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

Rhea-AI Filing Summary

Cummins Inc. vice president Nathan R. Stoner reported equity compensation activity. He received a grant of 4,480 shares of Common stock on March 1, 2026 at no cost. On the same date, 2,021 shares at $583.87 per share were withheld to cover tax liabilities, leaving him with 10,053.669 directly owned shares.

Positive

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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*
Stoner Nathan R

(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 - China ABO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 A 4,480 A $0.0000 12,074.669 D
Common 03/01/2026 F(1) 2,021 D $583.87 10,053.669 D
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. Shares withheld to satisfy tax liabilities relating to earned performance shares.
/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact 03/03/2026
** 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 Nathan R. Stoner report?

Nathan R. Stoner reported a grant of 4,480 Cummins common shares and a related tax-withholding disposition of 2,021 shares. Both transactions occurred on March 1, 2026, and reflect equity compensation and associated tax withholding rather than open-market trading activity.

How many Cummins (CMI) shares were granted to Nathan R. Stoner?

Nathan R. Stoner received a grant of 4,480 shares of Cummins common stock. The grant was recorded at a price of $0.00 per share, indicating it was an equity award rather than a purchase made in the open market or through a personal cash investment.

Why were 2,021 Cummins (CMI) shares disposed of in this Form 4?

The 2,021 shares were withheld to satisfy tax liabilities related to earned performance shares. This is coded as a tax-withholding disposition at $583.87 per share, meaning shares were surrendered to cover taxes instead of being sold on the open market for cash.

What is Nathan R. Stoner’s Cummins (CMI) share ownership after these transactions?

After the reported grant and tax-withholding disposition, Nathan R. Stoner directly owns 10,053.669 Cummins common shares. This figure reflects his remaining holdings following both the 4,480-share equity award and the 2,021 shares withheld for tax obligations on March 1, 2026.

Were the Cummins (CMI) insider transactions open-market buys or sells?

The transactions were not open-market buys or sells. One entry is a grant or award acquisition of 4,480 shares at no cost, and the other is a tax-withholding disposition of 2,021 shares, where shares were delivered to satisfy tax liabilities on performance-based equity.
Cummins Inc

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80.19B
137.14M
Specialty Industrial Machinery
Engines & Turbines
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United States
COLUMBUS