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Cummins (CMI) VP & CTO reports share grant and tax-withheld shares

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

Rhea-AI Filing Summary

Cummins Inc. Vice President & CTO Jonathan David Wood reported equity compensation activity involving company common shares. On March 1, 2026, he received a grant of 1,888 common shares at $0.00 per share as an award. On the same date, 888 shares were disposed of at $583.87 per share to satisfy tax liabilities relating to earned performance shares, as noted in the footnote. After these transactions, he directly owned 4,188 common shares.

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Insider Wood Jonathan David
Role Vice President & CTO
Type Security Shares Price Value
Grant/Award Common 1,888 $0.00 --
Tax Withholding Common 888 $583.87 $518K
Holdings After Transaction: Common — 5,076 shares (Direct)
Footnotes (1)
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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*
Wood Jonathan David

(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)
Vice President & CTO
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 1,888 A $0.0000 5,076 D
Common 03/01/2026 F(1) 888 D $583.87 4,188 D
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.
/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) Vice President & CTO report?

Jonathan David Wood reported a grant of 1,888 Cummins common shares and a related tax-withholding disposition of 888 shares. Both transactions occurred on March 1, 2026 and involved his direct ownership of Cummins stock.

How many Cummins (CMI) shares did the executive acquire in this Form 4?

He acquired 1,888 Cummins common shares through a grant at zero cost per share. This represents equity compensation, increasing his direct holdings before any related tax-withholding activity disclosed in the same Form 4 filing.

Why were 888 Cummins (CMI) shares disposed of in the Form 4 filing?

The 888 disposed shares were withheld to satisfy tax liabilities tied to earned performance shares. This tax-withholding disposition, reported with code F, is not an open-market sale but a mechanism to cover required tax obligations.

What is Jonathan David Wood’s Cummins (CMI) share ownership after these transactions?

After the grant and related tax-withholding disposition, Jonathan David Wood directly owns 4,188 Cummins common shares. This figure reflects his updated post-transaction holdings as reported in the Form 4.

What do the transaction codes A and F mean in this Cummins (CMI) Form 4?

Code A indicates a grant, award, or other acquisition of shares, here covering the 1,888-share equity grant. Code F indicates shares withheld for payment of exercise price or tax liability, here covering 888 shares used to satisfy tax obligations.
Cummins Inc

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70.70B
137.62M
Specialty Industrial Machinery
Engines & Turbines
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United States
COLUMBUS