Satterthwaite Tony 4
4 · CUMMINS INC · Filed Feb 21, 2024
Insider Transaction Report
Form 4
CUMMINS INCCMI
Satterthwaite Tony
Vice President
Transactions
- Exercise/Conversion
Stock Option (Right-to-Buy)
2024-02-21−11,170→ 0 totalExercise: $136.82From: 2018-04-02Exp: 2025-04-02→ Common (11,170 underlying) - Exercise/Conversion
Common
2024-02-21$163.43/sh+15,420$2,520,091→ 89,161 total - Sale
Common
2024-02-21$265.05/sh−37,450$9,926,291→ 73,741 total - Exercise/Conversion
Common
2024-02-21$136.82/sh+11,170$1,528,279→ 100,331 total - Exercise/Conversion
Stock Option (Right-to-Buy)
2024-02-21−10,860→ 0 totalExercise: $160.10From: 2021-04-03Exp: 2028-04-03→ Common (10,860 underlying) - Exercise/Conversion
Common
2024-02-21$160.10/sh+10,860$1,738,686→ 111,191 total - Exercise/Conversion
Stock Option (Right-to-Buy)
2024-02-21−15,420→ 0 totalExercise: $163.43From: 2022-04-04Exp: 2029-04-04→ Common (15,420 underlying)
Holdings
- 24,250
Stock Option (Right-to-Buy)
Exercise: $109.09From: 2019-04-04Exp: 2026-04-04→ Common (24,250 underlying) - 24,510
Stock Option (Right-to-Buy)
Exercise: $142.12From: 2023-04-06Exp: 2030-04-06→ Common (24,510 underlying) - 15,630
Stock Option (Right-to-Buy)
Exercise: $149.72From: 2020-04-03Exp: 2027-04-03→ Common (15,630 underlying) - 9,250
Stock Option (Right-to-Buy)
Exercise: $166.18From: 2022-10-16Exp: 2029-10-16→ Common (9,250 underlying) - 2,404.212(indirect: By 401(k))
Common
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $265.00 - $265.38. 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 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.