Newsome Earl 4

What Happened
Earl Newsome, Vice President and Chief Information Officer of Cummins Inc. (CMI), was granted 2,832 performance/earned shares on March 1, 2026 (an award, code A). On the same date, 1,044 of those shares were withheld to cover tax liabilities at an effective value of $583.87 per share, totaling approximately $609,560 (withholding reported as code F).

Key Details

• Transaction dates: March 1, 2026 (grant and tax withholding); Form 4 filed March 3, 2026.
• Award: 2,832 shares granted at $0.00 per share (compensation award).
• Withholding: 1,044 shares withheld at $583.87/share for taxes, proceeds ~ $609,560. (Footnote: shares withheld to satisfy tax liabilities relating to earned performance shares.)
• Shares owned after transaction: Not stated in the filing.
• Timeliness: Filing posted March 3, 2026 — within the typical 2-business-day reporting window.

Context
This was a routine equity award tied to compensation (not an open-market purchase or sale). The withholding of shares to cover taxes is a common, administrative step (a “sell to cover”/withholding) and does not necessarily signal a decision to reduce personal ownership beyond satisfying tax obligations.