CUMMINS INC — Director's Dealing 2025

Aug 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CUMMINS INC (CMI)
CIK: 0000026172
Period of Report: 2025-08-14

Reporting Person: Davis Amy Rochelle (VP & Pres. - Accelera and Com)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-08-14	Common	M	1300.0000	$160.1000	Acquired	25055.0130	Direct
2025-08-14	Common	M	685.0000	$149.7200	Acquired	25740.0130	Direct
2025-08-14	Common	S	200.0000	$399.5768	Disposed	25540.0130	Direct
2025-08-14	Common	S	500.0000	$405.3320	Disposed	25040.0130	Direct
2025-08-14	Common	S	585.0000	$404.5486	Disposed	24455.0130	Direct
2025-08-14	Common	S	1017.0000	$402.2781	Disposed	23438.0130	Direct
2025-08-14	Common	S	1100.0000	$400.6943	Disposed	22338.0130	Direct
2025-08-14	Common	S	1600.0000	$403.8078	Disposed	20738.0130	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-08-14	Stock Option (Right-to-Buy)	$149.7200	M	685.0000	Disposed	2027-04-03	Common (685.0000)	Direct
2025-08-14	Stock Option (Right-to-Buy)	$160.1000	M	1300.0000	Disposed	2028-04-03	Common (1300.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right-to-Buy)	$142.1200	2030-04-06	Common (2130.0000)	2130.0000	Direct
Stock Option (Right-to-Buy)	$163.4300	2029-04-04	Common (2160.0000)	2160.0000	Direct
Stock Option (Right-to-Buy)	$170.9500	2030-07-01	Common (800.0000)	800.0000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $399.3750 - $399.70. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $405.26 - $405.47. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $404.25 - $404.90. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $401.62 - $402.53. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $400.45 - $400.89. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.

F6: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $403.22 - $404.18. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.