Is the 306-share Cummins (CMI) grant to Kimberly A. Nelson an open-market purchase?

No, the 306 shares are reported with transaction code “A,” described as a grant, award, or other acquisition. The reported price of $0.0000 per share indicates a compensation-related award rather than an open-market purchase at prevailing market prices.

Cummins director awarded 306 CMI shares

Nelson Kimberly A reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Nelson Kimberly A reported acquisition or exercise transactions in this Form 4 filing.

CUMMINS INC director Kimberly A. Nelson received a grant of 306 shares of common stock, reported at a price of $0.0000 per share, as a compensation-related award. Following this grant, Nelson directly holds 4,766.1898 shares, including 76.6171 dividend equivalent shares credited under a deferred compensation plan, and also reports indirect holdings through family trusts and a spouse.

Insider Trade Summary

Grant/Award: 306 shares

Grant/Award 4 txns

Insider Nelson Kimberly A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common	306	$0.00	$0.00
holding	Common	--	--	--
holding	Common	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 4,766.1898 shares (Direct); Common — 600 shares (Indirect, 2013 Family Trust); Common — 82 shares (Indirect, By Spouse); Common — 400 shares (Indirect, By Spouse - 2015 Family Trust)

Footnotes (1)

F1. Includes 76.6171 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.

Key Figures

Stock grant: 306 shares Direct holdings after grant: 4,766.1898 shares Dividend equivalent shares: 76.6171 shares +3 more

6 metrics

Stock grant 306 shares Common stock award, code A, at $0.0000 per share

Direct holdings after grant 4,766.1898 shares Common stock directly held by Kimberly A. Nelson after transaction

Dividend equivalent shares 76.6171 shares Credited under Cummins Inc. Deferred Compensation Plan for Non-Employee Directors

Indirect holdings – spouse 2015 Family Trust 400 shares Common stock held indirectly by spouse’s 2015 Family Trust

Indirect holdings – spouse 82 shares Common stock held indirectly by spouse

Indirect holdings – 2013 Family Trust 600 shares Common stock held indirectly by 2013 Family Trust

Key Terms

dividend equivalent shares, Deferred Compensation Plan for Non-Employee Directors, indirect ownership, grant, award, or other acquisition

4 terms

dividend equivalent shares financial

"Includes 76.6171 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors"

Deferred Compensation Plan for Non-Employee Directors financial

"credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4"

indirect ownership financial

"direct_or_indirect: "I", nature_of_ownership: "By Spouse - 2015 Family Trust""

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition" for 306-share transaction"

FAQ

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

What insider transaction did Kimberly A. Nelson report for CMI on this Form 4?

Kimberly A. Nelson reported receiving a grant of 306 shares of Cummins common stock. The shares were awarded at a reported price of $0.0000 per share, indicating a compensation-related award rather than an open-market purchase or sale.

How many Cummins (CMI) shares does Kimberly A. Nelson hold directly after this filing?

After the reported grant, Kimberly A. Nelson directly holds 4,766.1898 Cummins common shares. This total includes 76.6171 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the prior Form 4.

Does the Cummins (CMI) Form 4 show any insider selling by Kimberly A. Nelson?

The Form 4 does not show any selling by Kimberly A. Nelson. It reports a grant of 306 shares and updated holdings, with no transactions classified as sales and a net buy-sell direction reported as neutral in the transaction summary.

What indirect Cummins (CMI) holdings are reported for Kimberly A. Nelson?

The filing shows indirect holdings of 400 shares held by a spouse’s 2015 Family Trust, 82 shares held by a spouse, and 600 shares held by a 2013 Family Trust. These entries are reported as indirect ownership positions rather than new buy or sell transactions.

What are dividend equivalent shares mentioned in the Cummins (CMI) Form 4 footnote?

Dividend equivalent shares are additional share credits matching cash dividends under a deferred plan. The footnote states 76.6171 such shares were credited to Kimberly A. Nelson under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the last Form 4.

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

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Accepted by SEC EDGAR 05/13/2026 - 10:38 AM

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^*

Nelson Kimberly A

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	05/12/2026		A		306	A	$0.0000	4,766.1898⁽¹⁾	D
Common								600	I	2013 Family Trust
Common								82	I	By Spouse
Common								400	I	By Spouse - 2015 Family Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 76.6171 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.

	/s/ Nicole Y. Lamb-Hale, Attorney-in-Fact	05/13/2026
	** 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)

Source: View Original Filing on SEC EDGAR