Wiltrout Jeffrey T 4

What Happened
Jeffrey T. Wiltrout, Vice President – Corporate Strategy at Cummins Inc. (CMI), was awarded 3,056 shares (reported as an acquisition/award) on 2026-03-01. To satisfy tax withholding related to earned performance shares, 1,098 shares were withheld/disposed at $583.87 per share, generating $641,089 in value for tax payment. The Form 4 was filed on 2026-03-03 reporting the 2026-03-01 transactions.

Key Details

• Transaction dates: 2026-03-01 (award and withholding); Form 4 filed 2026-03-03 (Accession 0001225208-26-003032).
• Award: 3,056 shares acquired at $0.00 (reported as an award/grant).
• Tax withholding (disposition): 1,098 shares withheld at $583.87 each = $641,089. (Transaction code F = tax/withholding)
• Footnote F1: Shares were withheld to satisfy tax liabilities relating to earned performance shares.
• Footnote F2: A separate note explains a share count may be based on the dollar value of the reporting person’s interest in the Cummins Stock Fund under the company 401(k); the fund is unitized (~98% stock, ~2% cash), so the exact underlying share count may vary.
• Shares owned after the transaction: Not specified in the provided excerpt.

Context
This filing shows an award of performance shares and a routine tax-withholding disposition — the withheld shares were used to pay required taxes rather than an open-market sale for cash. Such withholdings are common following vesting of performance awards and do not necessarily signal a change in the insider’s view of the company.