SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LINEBARGER NORMAN THOMAS
(Last) (First) (Middle)
500 JACKSON STREET
(Street)
COLUMBUS IN 47201
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CUMMINS INC [ CMI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 05/19/2022 G(1) V 14,740 A $0.0000 137,338 D
Common 11/11/2022 M(2) 5,291 A $111.84 142,629 D
Common 11/11/2022 S(2) 5,291 D $250.0308(3) 137,338 D
Common 05/19/2022 G(4) V 5,098 A $0.0000 21,930 I By Child #1
Common 05/19/2022 G(5) V 5,097 A $0.0000 21,929 I By Child #2
Common 05/19/2022 G(5) V 5,097 D $0.0000 19,838 I GRAT #4
Common 05/19/2022 G(4) V 5,098 D $0.0000 14,740 I GRAT #4
Common 05/19/2022 G(1) V 14,740 D $0.0000 0.0000 I GRAT #4
Common 8,923.24(6) I By 401(k) Plan
Common 240 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right-to-Buy) $111.84 11/11/2022 M(2) 5,291 04/02/2015 04/02/2023 Common 5,291 $0.0000 54,809 D
Stock Option (Right-to-Buy) $109.09 04/04/2019 04/04/2026 Common 131,920 131,920 D
Stock Option (Right-to-Buy) $136.82 04/02/2018 04/02/2025 Common 60,780 60,780 D
Stock Option (Right-to-Buy) $142.12 04/06/2023 04/06/2030 Common 95,920 95,920 D
Stock Option (Right-to-Buy) $149.34 04/02/2017 04/02/2024 Common 44,890 44,890 D
Stock Option (Right-to-Buy) $149.72 04/03/2020 04/03/2027 Common 85,050 85,050 D
Stock Option (Right-to-Buy) $160.1 04/03/2021 04/03/2028 Common 61,700 61,700 D
Stock Option (Right-to-Buy) $163.43 04/04/2022 04/04/2029 Common 98,670 98,670 D
Explanation of Responses:
1. Return of shares upon the termination of the Grantor Retained Annuity Trust #4 by the reporting person.
2. Transactions pursuant to Rule 10b5-1 Trading Plan entered into on November 23, 2021.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $250 - $250.16. The reporting person undertakes to provide to Cummins Inc., any security holder of Cummins Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated.
4. Upon termination of the Grantor Retained Annuity Trust #4 by the reporting person, 5,098 shares were distributed to a trust for the reporting person's child, of which the reporting person is sole trustee.
5. Upon termination of the Grantor Retained Annuity Trust #4 by the reporting person, 5,097 shares were distributed to a trust for the reporting person's child, of which the reporting person is sole trustee.
6. The number of shares is based on the dollar value of the reporting person's interest in the Cummins Stock Fund under the Company's 401(k) plan as most recently provided by the plan. The actual number of shares underlying the interest is not known since the Cummins Stock Fund is a unitized account consisting of approximately 98% common stock and 2% cash or cash equivalents.
/s/ Sharon Barner, Attorney-in-Fact 11/15/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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