Cummins director granted 306 common shares

MILLER WILLIAM I reported acquisition or exercise transactions in this Form 4 filing.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

MILLER WILLIAM I reported acquisition or exercise transactions in this Form 4 filing.

CUMMINS INC director William I. Miller reported new equity compensation and updated his holdings. He received a grant of 306 shares of common stock as a compensation-related award at no cash cost, bringing his direct common stock ownership to 34,669.6776 shares. He also holds 5,202.7799 stock units linked to common stock and 167 common shares held indirectly through a child, with some amounts including dividend equivalent shares credited under the Cummins deferred compensation plan for non-employee directors.

Insider Trade Summary

Grant/Award: 306 shares

Grant/Award 3 txns

Insider MILLER WILLIAM I

Role Director

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

Holdings After Transaction: Common — 34,669.6776 shares (Direct); Stock Units — 5,202.7799 contracts (Direct); Common — 167 shares (Indirect, By Child #3)

Footnotes (3)

F1. Includes 120.7338 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.
F2. These securities generally do not carry a conversion price, exercise date or expiration date.
F3. Includes 18.6469 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.

Key Figures

Common stock grant: 306 shares Direct common shares after grant: 34,669.6776 shares Indirect common shares: 167 shares +3 more

6 metrics

Common stock grant 306 shares Grant, award, or other acquisition of common stock

Direct common shares after grant 34,669.6776 shares Total direct common stock holdings following transaction

Indirect common shares 167 shares Indirectly held, noted as By Child #3

Stock units outstanding 5,202.7799 units Stock units with underlying Cummins common stock

Dividend equivalent credits (units) 120.7338 shares Dividend equivalent shares credited under deferred compensation plan

Dividend equivalent credits (shares) 18.6469 shares Dividend equivalent shares credited under deferred compensation plan

Key Terms

Stock Units, Deferred Compensation Plan for Non-Employee Directors, dividend equivalent shares, Grant, award, or other acquisition, +1 more

5 terms

Stock Units financial

"security_title: "Stock Units" with underlying security title "Common""

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Deferred Compensation Plan for Non-Employee Directors financial

"credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors"

dividend equivalent shares financial

"Includes 120.7338 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan"

Grant, award, or other acquisition financial

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

indirect ownership financial

"direct_or_indirect: "I" with nature_of_ownership: "By Child #3""

FAQ

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

What insider transaction did William I. Miller report for Cummins (CMI)?

William I. Miller reported receiving a grant of 306 shares of Cummins common stock as a compensation-related award at no cash cost. The Form 4 also updates his direct, indirect, and stock unit holdings as of the reported date.

How many Cummins (CMI) common shares does William I. Miller now hold directly?

After the reported grant, William I. Miller directly holds 34,669.6776 shares of Cummins common stock. This figure reflects his updated direct ownership position as of the transaction date shown in the filing.

What indirect Cummins (CMI) holdings does William I. Miller report?

The filing shows 167 shares of Cummins common stock held indirectly, identified as "By Child #3." This indicates those shares are owned through a related person, rather than held directly in Miller’s own name.

What are the stock units reported by William I. Miller in Cummins (CMI)?

Miller reports 5,202.7799 stock units, with an underlying security of Cummins common stock and a stated exercise price of $0.0000. Footnotes explain these securities generally do not carry a conversion price, exercise date, or expiration date.

How do dividend equivalent shares affect William I. Miller’s Cummins (CMI) holdings?

Footnotes state that his reported amounts include dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors. These credits, such as 120.7338 and 18.6469 shares, increase his units and shares in line with dividends.

Does the Form 4 for Cummins (CMI) show open-market buying or selling by William I. Miller?

The filing does not show any open-market purchases or sales. It reports a compensation-related grant coded as an acquisition and two holding entries that update Miller’s direct, indirect, and stock unit positions without indicating market transactions.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 05/13/2026 - 10:39 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^*

MILLER WILLIAM I

(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	34,669.6776⁽¹⁾	D
Common								167	I	By Child #3

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)
Stock Units	⁽²⁾							⁽²⁾	⁽²⁾	Common	5,202.7799		5,202.7799⁽³⁾	D

Explanation of Responses:

1. Includes 120.7338 dividend equivalent shares credited under the Cummins Inc. Deferred Compensation Plan for Non-Employee Directors since the most recently filed Form 4.

2. These securities generally do not carry a conversion price, exercise date or expiration date.

3. Includes 18.6469 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