STOCK TITAN

Cummins (CMI) VP Benjamin Wright receives stock grant, with tax share withholding

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

Rhea-AI Filing Summary

Cummins Inc. vice president Benjamin G. Wright reported equity-related transactions in company common stock. He received a grant of 1,648 shares at no cost, increasing his direct holdings, and had 559 shares withheld to satisfy tax liabilities on earned performance shares. After these transactions, he directly holds 3,977 common shares and also has an indirect interest through the company 401(k) plan, where his balance is represented by units in a fund primarily invested in Cummins stock.

Positive

  • None.

Negative

  • None.
Insider Wright Benjamin G.
Role VP and President Dist Business
Type Security Shares Price Value
Grant/Award Common 1,648 $0.00 --
Tax Withholding Common 559 $583.87 $326K
holding Common -- -- --
Holdings After Transaction: Common — 4,536 shares (Direct); Common — 833.507 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. Shares withheld to satisfy tax liabilities relating to earned performance shares. 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.
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*
Wright Benjamin G.

(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 and President Dist Business
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 1,648 A $0.0000 4,536 D
Common 03/01/2026 F(1) 559 D $583.87 3,977 D
Common 833.5068(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
Explanation of Responses:
1. Shares withheld to satisfy tax liabilities relating to earned performance shares.
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 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 Benjamin G. Wright report?

Benjamin G. Wright reported receiving a grant of 1,648 Cummins common shares and a disposition of 559 shares withheld for taxes. These transactions relate to earned performance shares and do not represent an open-market purchase or sale of stock.

How many Cummins (CMI) shares does Benjamin G. Wright own after this Form 4?

After the reported transactions, Benjamin G. Wright directly owns 3,977 Cummins common shares. He also has an additional indirect interest through the company’s 401(k) plan, represented by units in a Cummins Stock Fund rather than a precise share count.

Was the Cummins (CMI) insider share disposition a market sale?

The 559-share disposition was not a market sale; shares were withheld to satisfy tax liabilities tied to earned performance shares. This tax-withholding mechanism reduces the number of shares delivered without the executive selling stock into the open market.

What does the Cummins (CMI) Form 4 say about Wright’s 401(k) holdings?

The Form 4 notes Wright’s interest in a Cummins Stock Fund within the 401(k) plan, shown as 833.5068 units. The footnote explains the fund is about 98% Cummins common stock and 2% cash, so the exact underlying share count is not known.

What transaction codes appear on Benjamin G. Wright’s Cummins (CMI) Form 4?

The Form 4 lists code A for a grant, award, or other acquisition of 1,648 common shares, and code F for 559 shares withheld to cover tax liabilities. An additional entry reflects indirect 401(k) plan holdings without a specific transaction code.

Does the Cummins (CMI) Form 4 indicate net buying or selling by Benjamin G. Wright?

The filing shows both acquisition and disposition activity, but the acquisition is an equity grant and the disposition is tax withholding. There is no open-market buy or sell; the overall effect is a net increase in his directly held Cummins shares.