Cummins legal chief gets stock grant, withholds shares

Cummins Inc. VP and Chief Legal Officer John O. Gaidoo reported equity transactions in company common stock.

Rhea-AI Filing Summary

Cummins Inc. VP and Chief Legal Officer John O. Gaidoo reported equity transactions in company common stock.

On March 1, 2026, he acquired 1,296 and 352 shares as stock awards at no cost, then disposed of 130 and 380 shares through share withholding at $583.87 per share to satisfy tax liabilities on earned performance shares. After these transactions he directly held 3,083.962 shares, plus an additional indirect interest of 36.264 shares through the company 401(k) plan, where the exact share count is based on a unitized Cummins Stock Fund.

Insider Trade Summary

10 transactions reported

Mixed 10 txns

Insider Gaidoo John O

Role VP and Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Common	1,296	$0.00	$0.00
Grant/Award	Common	352	$0.00	$0.00
Exercise Price or Tax Liability	Common	130	$583.87	$76K
Exercise Price or Tax Liability	Common	380	$583.87	$222K
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Stock Option (Right-to-Buy)	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 3,083.962 shares (Direct); Stock Option (Right-to-Buy) — 3,090 contracts (Direct); Common — 36.264 shares (Indirect, By 401(k) Plan)

Footnotes (2)

1. F1. Shares withheld to satisfy tax liabilities relating to earned performance shares.
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.

FAQ

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

What insider transactions did Cummins (CMI) report for John O. Gaidoo?

Cummins reported stock awards and tax-related share withholding for John O. Gaidoo. He received awards of 1,296 and 352 common shares at no cost, and 130 and 380 shares were withheld at $583.87 per share to cover tax liabilities on earned performance shares.

How many Cummins (CMI) shares does John O. Gaidoo hold after these Form 4 transactions?

After the reported transactions, John O. Gaidoo directly held 3,083.962 Cummins shares. He also had an indirect interest equivalent to 36.264 shares through the Cummins Stock Fund in the company’s 401(k) plan, which is a unitized mix of common stock and cash.

Were John O. Gaidoo’s Cummins (CMI) share disposals open-market sales?

The reported disposals were tax-withholding transactions, not open-market sales. A total of 130 and 380 shares of common stock were withheld at $583.87 per share to satisfy tax liabilities associated with earned performance share awards, according to the disclosure footnote.

What type of equity awards did Cummins (CMI) grant to John O. Gaidoo?

John O. Gaidoo received common stock awards from Cummins. On March 1, 2026, he acquired 1,296 and 352 shares of Cummins common stock at a price of $0.00 per share, classified as grants or awards rather than open-market purchases.

How is John O. Gaidoo’s Cummins (CMI) 401(k) holding reported on the Form 4?

His 401(k) position is reported as an indirect ownership interest. The filing lists 36.264 shares based on the dollar value in the Cummins Stock Fund, a unitized account of about 98% common stock and 2% cash, so the exact underlying share count is not known.

Does John O. Gaidoo hold Cummins (CMI) stock options according to this Form 4?

The filing shows multiple Cummins stock option holdings for John O. Gaidoo. Non-transactional entries list direct holdings of stock options with share-equivalent amounts such as 750, 430, 190, and 860, reflecting existing option positions rather than new option exercises or grants.

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

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Accepted by SEC EDGAR 03/03/2026 - 05:27 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^*

Gaidoo John O

(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 Chief Legal Officer

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		1,296	A	$0.0000	3,241.962	D
Common	03/01/2026		A		352	A	$0.0000	3,593.962	D
Common	03/01/2026		F(1)		130	D	$583.87	3,463.962	D
Common	03/01/2026		F(1)		380	D	$583.87	3,083.962	D
Common								36.264(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	750		750	D
Stock Option (Right-to-Buy)	$149.72							04/03/2020	04/03/2027	Common	190		190	D
Stock Option (Right-to-Buy)	$160.1							04/03/2021	04/03/2028	Common	430		430	D
Stock Option (Right-to-Buy)	$163.43							04/04/2022	04/04/2029	Common	860		860	D
Stock Option (Right-to-Buy)	$207.04							10/01/2023	10/01/2030	Common	860		860	D

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).
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