Cummins EVP sells 652 company shares

Cummins Inc. executive Bonnie J. Fetch reported an open-market sale of company stock.

Rhea-AI Filing Summary

Cummins Inc. executive Bonnie J. Fetch reported an open-market sale of company stock. As EVP & President - Operations, she sold 652 shares of Cummins common stock in a non-derivative transaction at a weighted average price of $700.1899 per share, with individual trade prices ranging from $700.00 to $700.38. Following this sale, she directly holds 11,679 shares of common stock.

In addition, Fetch has an indirect interest in approximately 642.8227 shares through the company’s 401(k) plan, where holdings are measured via a unitized Cummins Stock Fund that is about 98% common stock and 2% cash or equivalents. She also holds stock options covering 752 underlying common shares at an exercise price of $142.1200 per share, exercisable until April 6, 2030.

Insider Trade Summary

Net Seller: 652 shares

Net Sell 3 txns

Insider Fetch Bonnie J

Role EVP & President - Operations

Sold 652 shs ($457K)

Type	Security	Shares	Price	Value
Sale	Common	652	$700.1899	$457K
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 11,679 shares (Direct); Stock Option (Right-to-Buy) — 752 contracts (Direct); Common — 642.8227 shares (Indirect, By 401(k) Plan)

Footnotes (2)

1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $700.00 - $700.38. 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.
2. F2. 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.

Key Figures

Shares sold: 652 shares Weighted average sale price: $700.1899 per share Direct holdings after sale: 11,679 shares +4 more

7 metrics

Shares sold 652 shares Common stock open-market sale on 2026-05-11

Weighted average sale price $700.1899 per share Common stock sale price range $700.00–$700.38

Direct holdings after sale 11,679 shares Common stock held directly after transaction

Indirect 401(k) interest 642.8227 shares (approx.) Interest in Cummins Stock Fund under 401(k) plan

Option exercise price $142.1200 per share Stock Option (Right-to-Buy) on Cummins common

Option underlying shares 752.0000 shares Underlying common shares for outstanding stock option

Option expiration date 2030-04-06 Stock Option (Right-to-Buy) expiry

Key Terms

open-market sale, Stock Option (Right-to-Buy), 401(k) plan, weighted average price, +1 more

5 terms

open-market sale financial

"sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (Right-to-Buy) financial

"security_title: Stock Option (Right-to-Buy)"

401(k) plan financial

"interest in the Cummins Stock Fund under the Company's 401(k) plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

unitized account financial

"The Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash"

FAQ

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

What insider transaction did Cummins (CMI) report for Bonnie J. Fetch?

Cummins reported that EVP & President - Operations Bonnie J. Fetch sold 652 shares of common stock in an open-market transaction. The filing also shows her remaining direct holdings, 401(k) plan interest, and outstanding stock options on Cummins shares.

At what price did Bonnie J. Fetch sell Cummins (CMI) shares?

Bonnie J. Fetch sold 652 Cummins shares at a weighted average price of $700.1899. The trades occurred in multiple transactions, with individual prices ranging from $700.00 to $700.38, according to the detailed disclosure in the insider transaction footnote.

How many Cummins (CMI) shares does Bonnie J. Fetch hold after this sale?

After the reported sale, Bonnie J. Fetch directly holds 11,679 Cummins common shares. She also has an indirect interest representing about 642.8227 shares through the company’s 401(k) plan, plus stock options tied to an additional block of underlying Cummins shares.

What stock options on Cummins (CMI) does Bonnie J. Fetch retain?

Bonnie J. Fetch retains stock options described as “Stock Option (Right-to-Buy)” on 752 underlying Cummins common shares. These options carry an exercise price of $142.1200 per share and have an expiration date of April 6, 2030, according to the filing.

How is Bonnie J. Fetch’s Cummins (CMI) 401(k) holding reported?

Her 401(k) holding is reported as an indirect interest of about 642.8227 shares in the Cummins Stock Fund. This fund is unitized and consists of approximately 98% Cummins common stock and 2% cash or cash equivalents, so the exact underlying share count may vary.

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

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Accepted by SEC EDGAR 05/11/2026 - 05:49 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 INDIANA 47201

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/11/2026		S		652	D	$700.1899(1)	11,679	D
Common								642.8227(2)	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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $700.00 - $700.38. 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.

2. 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	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)