Bush Jennifer Mary 4

What Happened
Jennifer Mary Bush, Vice President and President — Power Systems at Cummins Inc. (CMI), disposed of a total of 5,000 Cummins shares in multiple open-market sales on May 12, 2026, generating approximately $3,481,066 in proceeds. The sales were reported as six separate lots:

• 40 shares at a weighted-average price of $699.10 — $27,964
• 480 shares at a weighted-average price of $698.38 — $335,222
• 583 shares at a weighted-average price of $696.26 — $405,920
• 940 shares at a weighted-average price of $694.13 — $652,482
• 1,158 shares at a weighted-average price of $695.21 — $805,053
• 1,799 shares at a weighted-average price of $697.29 — $1,254,425

These are sales (S), which are typically routine dispositions; this filing does not indicate any purchase or option exercise accompanying the trades.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (filed promptly the next business day).
• Reported proceeds: ~ $3,481,066 total for 5,000 shares.
• Per-lot weighted-average prices as listed above; footnotes indicate each lot was sold in multiple trades at price ranges:
  • Lot 1 range: $698.03–$698.89 (F1)
  • Lot 2 range: $695.91–$696.87 (F2)
  • Lot 3 range: $693.79–$694.67 (F3)
  • Lot 4 range: $694.83–$695.80 (F4)
  • Lot 5 range: $696.96–$697.88 (F5)
    The reporting person offered to provide a breakdown of exact prices if requested.
• Shares owned after the transaction: not disclosed in the information provided here.
• No indication in this filing of a 10b5-1 plan, option exercise, gift, or tax-withholding sale; the Form 4 lists open-market/private sale codes (S).

Context

• Sales by company executives can be routine (e.g., diversification or liquidity needs) and do not by themselves signal company performance; purchases are generally more informative of insider conviction.
• This appears to be straightforward disposition of shares in multiple trades rather than an option exercise or award sale.