JACKSON DONALD G 4

What Happened

• Donald G. Jackson, Vice President — Treasury & Tax at Cummins (CMI), was granted 2,832 shares (award) on 2026-03-01. On the same date, 1,000 shares were withheld/disposed to satisfy tax liabilities at $583.87 per share, totaling $583,870.
• The grant (code A) was an award/compensation; the disposition (code F) reflects shares withheld to cover tax withholding rather than an open-market sale.

Key Details

• Transaction dates: 2026-03-01 (award and withholding); Form 4 filed 2026-03-03 (appears timely).
• Award: 2,832 shares acquired at $0.00 per share (compensation award).
• Withholding: 1,000 shares disposed at $583.87 per share; total value $583,870 (tax withholding).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 — shares withheld to satisfy tax liabilities from earned performance shares. F2 — explains how 401(k) plan holdings are reported (unitized fund: ~98% stock, 2% cash); F2 does not change the award/withholding mechanics here.
• Transaction codes: A = Award/Grant, F = Tax withholding to satisfy tax liabilities.

Context

• This transaction is a compensation award and routine tax withholding (not a market sale or purchase). Withheld shares are surrendered to cover tax obligations and do not indicate an open-market disposition by the insider.
• For retail investors, awards are less directly informative than open-market buys/sells; they reflect company compensation practices rather than the insider expressing a view by buying or selling stock.