Fetch Bonnie J 4

What Happened
Bonnie J. Fetch, EVP & President — Operations at Cummins Inc. (CMI), recorded a disposal on Feb 24, 2026 of an estimated 947.966 shares at a price of $600.48 per share, amounting to $569,234.47. The transaction was an intra-plan transfer out of the Cummins Stock Fund under the company's 401(k) plan, not an open-market sale.

Key Details

• Transaction date and price: 2026-02-24, reported price $600.48 per share.
• Reported amount: estimated 947.966 shares, total value $569,234.47 (disposal).
• Transaction type/code: "I" — intra-plan transfer (discretionary), reported as a disposal.
• Shares owned after transaction: not disclosed on the filing.
• Footnotes: The share count is estimated because the Cummins Stock Fund is a unitized account; the filer converted a dollar amount ($569,234.47) to shares using the closing price ($600.48). The fund is roughly 98% common stock and 2% cash, so the exact share count is unknown.
• Filing timeliness: Report filed on 2026-02-26 for a 2026-02-24 transaction — appears to have been filed within the typical two-business-day Form 4 window.

Context
This was an intra-plan transfer from a 401(k) stock fund (unitized account), which is different from an open-market sale and does not necessarily indicate a change in the insider’s view of the company. Because the reporting was based on dollar value rather than exact share units, the reported share count is an estimate.