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CUMMINS INC — Director's Dealing 2024
Mar 19, 2024
29984_dirs_2024-03-19_43165a99-88ee-4949-950e-ca3a0b3444ca.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2024-03-18
Reporting Person: Satterthwaite Tony (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-18 | Common | J | 333.5447 | — | Disposed | 77442.4553 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 2404.2123 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right-to-Buy) | $109.0900 | 2026-04-04 | Common (24250.0000) | 24250.0000 | Direct |
| Stock Option (Right-to-Buy) | $142.1200 | 2030-04-06 | Common (24510.0000) | 24510.0000 | Direct |
| Stock Option (Right-to-Buy) | $149.7200 | 2027-04-03 | Common (15630.0000) | 15630.0000 | Direct |
| Stock Option (Right-to-Buy) | $166.1800 | 2029-10-16 | Common (9250.0000) | 9250.0000 | Direct |
Footnotes
F1: Represents shares of Cummins, Inc. ("Cummins") common stock disposed of by the Reporting Person in the offer by Cummins to exchange up to 67,054,726 shares of Atmus Filtration Technologies Inc. ("Atmus") common stock for outstanding shares of Cummins common stock that were validly tendered and not validly withdrawn (the "Exchange Offer"), as more fully described in a registration statement on Form S-4 (File No. 333-277051 ) originally filed by Atmus with the Securities and Exchange Commission on February 14, 2024 and declared effective March 7, 2024.
F2: Pursuant to the Exchange Offer, the Reporting Person disposed of 333.5447 shares of Cummins common stock in exchange for 4,012 shares of Atmus common stock, based on the final exchange ratio of 12.0298 shares of Atmus common stock per share of Cummins common stock accepted in the Exchange Offer.