Wright Benjamin G. 4

What Happened Benjamin G. Wright, Vice President and President, Distribution Business at Cummins Inc. (CMI), was granted 553 performance-based shares (code A) on Feb 19, 2026 (acquired at $0.00). To satisfy tax withholding obligations related to those earned performance shares, 172 shares were withheld/disposed (code F) at $596.91 per share for a total value of $102,669. This transaction reflects compensation vesting and routine tax withholding rather than an open‑market sale or purchase.

Key Details

• Transaction date: Feb 19, 2026; Form 4 filed Feb 23, 2026 (no late filing indicated in the provided data).
• Grant: 553 shares (award) recorded at $0.00 (code A).
• Tax withholding/disposition: 172 shares disposed at $596.91 for $102,669 (code F).
• Shares owned after the transaction: Not specified in the provided filing.
• Footnotes from the filing:
  • F1: Earned performance-based shares.
  • F2: Shares withheld to satisfy tax liabilities relating to earned performance shares.
  • F3: Describes how certain 401(k) plan holdings are unitized (approx. 98% stock, 2% cash); actual share count for that plan interest may not be precise.

Context This was an award of performance-based equity with shares withheld to cover taxes — a common, administratively driven disposition that does not necessarily signal a personal decision to sell. Purchases tend to be more indicative of bullish insider sentiment; grants and tax withholdings are routine elements of executive compensation.