Cummins (CMI) CEO Jennifer Rumsey granted shares, stock withheld for taxes

Rhea-AI Filing Summary

Cummins Inc. director and Chair and CEO Jennifer Rumsey received a stock grant and had shares withheld for taxes. On March 1, 2026, she was granted 44,736 shares of common stock at no cost, increasing her directly held shares to 66,082 before tax withholding.

On the same date, 19,450 shares of common stock were disposed of at $583.87 per share to satisfy tax liabilities related to earned performance shares, leaving 46,632 directly held shares afterward.

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^*

RUMSEY JENNIFER

(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)

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

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		44,736	A	$0.0000	66,082	D
Common	03/01/2026		F(1)		19,450	D	$583.87	46,632	D
Common								1,523.7559(2)	I	By 401(k) Plan
Common								7,967	I	GRAT
Common								20,775	I	GRAT 2025

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	13,320		13,320	D
Stock Option (Right-to-Buy)	$149.72							04/03/2020	04/03/2027	Common	8,760		8,760	D
Stock Option (Right-to-Buy)	$160.1							04/03/2021	04/03/2028	Common	6,950		6,950	D
Stock Option (Right-to-Buy)	$163.43							04/04/2022	04/04/2029	Common	12,330		12,330	D
Stock Option (Right-to-Buy)	$166.18							10/16/2022	10/16/2029	Common	1,235		1,235	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).
** 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 did Cummins (CMI) CEO Jennifer Rumsey report in this Form 4?

Jennifer Rumsey reported a large stock grant and related tax withholding. She received 44,736 Cummins common shares at no cost, and 19,450 shares were disposed of to cover tax liabilities tied to earned performance shares.

How many Cummins (CMI) shares were granted to Jennifer Rumsey?

Jennifer Rumsey was granted 44,736 shares of Cummins common stock. The grant was recorded at a price of zero per share, reflecting an award of stock rather than an open-market purchase, and it significantly increased her directly held share balance before tax withholding.

Why were 19,450 Cummins (CMI) shares disposed of in this filing?

19,450 Cummins shares were disposed of to satisfy tax liabilities on earned performance shares. The shares were valued at $583.87 each. This Form 4 notes the transaction as a payment of tax liability by delivering securities, not an open-market sale.

What is Jennifer Rumsey’s direct Cummins (CMI) share ownership after these transactions?

After the grant and related tax withholding disposition, Jennifer Rumsey directly holds 46,632 Cummins common shares. The filing shows 66,082 directly owned shares after the grant, then 46,632 remaining following the 19,450-share tax-related disposition on March 1, 2026.

Does the Cummins (CMI) Form 4 show any indirect holdings for Jennifer Rumsey?

Yes. The Form 4 lists indirect holdings through a 401(k) plan and GRATs. One entry reflects an interest in the Cummins Stock Fund under the company’s 401(k) plan, while other entries show common shares held through GRAT and GRAT 2025 entities.

How are Cummins (CMI) shares held in the 401(k) plan measured for Jennifer Rumsey?

The number of Cummins shares in the 401(k) plan is based on the dollar value of her interest in the Cummins Stock Fund. The filing explains the fund is a unitized account of about 98% common stock and 2% cash, so the exact share count is not known.