Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses CMI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CMI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jennifer Rumsey | $1,533,750 | $0 | $6,429,004 | $0 | $6,975,656 | $4,852,938 | $114,184 | $19,905,532 |
| Chair and Chief Executive Officer | ||||||||
| Mark Smith | 896,500 | 0 | 2,236,541 | 0 | 2,287,193 | 2,149,931 | 36,732 | 7,606,897 |
| Vice President and Chief Financial Officer | ||||||||
| Amy Davis | 741,500 | 0 | 2,715,036 | 0 | 667,350 | 2,255,744 | 45,030 | 6,424,660 |
| Vice President and President - Accelera and Components | ||||||||
| Jenny Bush | 679,250 | 0 | 2,549,470 | 0 | 1,187,325 | 1,305,233 | 30,167 | 5,751,445 |
| Vice President and President - Power Systems | ||||||||
| Bonnie Fetch | 642,292 | 0 | 2,493,346 | 0 | 844,117 | 515,295 | 17,369 | 4,512,419 |
| Executive Vice President and President - Operations | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jennifer Rumsey | $19,905,532 | $21,857,109 | $12,846,068 | −1,951,577 |
| Mark Smith | 7,606,897 | 9,040,556 | 6,608,947 | −1,433,659 |
| Amy Davis | 6,424,660 | 7,968,273 | — | −1,543,613 |
| Jenny Bush | 5,751,445 | 6,236,056 | — | −484,611 |
| Bonnie Fetch | 4,512,419 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Marvin Boakye | VP - CHRO | 2026-05-08 | D | 240 | $683 | $163,829 | Common | Form 4 ↗ |
| Marvin Boakye | VP - CHRO | 2026-05-08 | D | 360 | 681 | 245,304 | Common | Form 4 ↗ |
| Nicole Lamb-Hale | VP, CAO & Corporate Secretary | 2026-05-08 | D | 947 | 686 | 650,100 | Common | Form 4 ↗ |
| Nicole Lamb-Hale | VP, CAO & Corporate Secretary | 2026-05-08 | D | 1,181 | 684 | 808,218 | Common | Form 4 ↗ |
| Marvin Boakye | VP - CHRO | 2026-05-08 | D | 1,000 | 681 | 680,630 | Common | Form 4 ↗ |
| Nicole Lamb-Hale | VP, CAO & Corporate Secretary | 2026-05-08 | D | 280 | 686 | 191,977 | Common | Form 4 ↗ |
| Marvin Boakye | VP - CHRO | 2026-05-08 | D | 769 | 679 | 522,397 | Common | Form 4 ↗ |
| Marvin Boakye | VP - CHRO | 2026-05-08 | D | 1,112 | 679 | 754,570 | Common | Form 4 ↗ |
| Nathan R. Stoner | VP - China ABO | 2026-05-11 | D | 607 | 694 | 421,294 | Common | Form 4 ↗ |
| Brett Michael Merritt | V.P & Pres. - Engine Business | 2026-05-11 | D | 701.5 | 689 | 483,153 | Common | Form 4 ↗ |
| Marvin Boakye | VP - CHRO | 2026-05-11 | D | 150 | 0 | 0 | Common | Form 4 ↗ |
| Bonnie Fetch | EVP & President - Operations | 2026-05-11 | D | 652 | 700 | 456,524 | Common | Form 4 ↗ |
| Bonnie Fetch | EVP & President - Operations | 2026-05-11 | D | 642.82 | 703 | 451,686 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 1,158 | 695 | 805,053 | Common | Form 4 ↗ |
| Kimberly A. Nelson | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Karen H. Quintos | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 1,799 | 697 | 1,254,425 | Common | Form 4 ↗ |
| Daniel W. Fisher | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Carla A. Harris | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Thomas J. Lynch | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| William I. Miller | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 583 | 696 | 405,920 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 480 | 698 | 335,222 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 940 | 694 | 652,482 | Common | Form 4 ↗ |
| Gary L. Belske | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Di Leo Allen Bruno V | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| John H. Stone | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Matthew Tsien | Director | 2026-05-12 | A | 306 | 0 | 0 | Common | Form 4 ↗ |
| Jenny Bush | VP & Pres. - Power Systems | 2026-05-12 | D | 40 | 699 | 27,964 | Common | Form 4 ↗ |
| Nathan R. Stoner | VP - China ABO | 2026-05-13 | D | 600 | 0 | 0 | Common | Form 4 ↗ |
| Bonnie Fetch | EVP & President - Operations | 2026-05-13 | D | 155 | 0 | 0 | Common | Form 4 ↗ |
| Donald G. Jackson | VP - Treasury & Tax | 2026-05-14 | D | 90 | 713 | 64,143 | Common | Form 4 ↗ |
| Donald G. Jackson | VP - Treasury & Tax | 2026-05-14 | D | 160 | 712 | 113,858 | Common | Form 4 ↗ |
| Donald G. Jackson | VP - Treasury & Tax | 2026-05-14 | D | 480 | 710 | 340,974 | Common | Form 4 ↗ |
| Brett Michael Merritt | V.P & Pres. - Engine Business | 2026-05-19 | D | 218 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Amy Davis | PRSU | 2025-12-18 | — | — | 2,911 | — | $1,485,920 |
| Amy Davis | PSU | 2025-04-03 | — | 4,380 | — | 8,760 | 1,229,116 |
| Bonnie Fetch | PSU | 2025-04-03 | — | 3,590 | — | 7,180 | 1,007,426 |
| Jennifer Rumsey | PSU | 2025-04-03 | — | 22,910 | — | 45,820 | 6,429,004 |
| Jenny Bush | PSU | 2025-04-03 | — | 3,790 | — | 7,580 | 1,063,550 |
| Jenny Bush | PRSU | 2025-12-18 | — | — | 2,911 | — | 1,485,920 |
| Bonnie Fetch | PRSU | 2025-12-18 | — | — | 2,911 | — | 1,485,920 |
| Mark Smith | PSU | 2025-04-03 | — | 7,970 | — | 15,940 | 2,236,541 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Amy Davis | $0 | $1,229,116 | $0 | 100.0% |
| Bonnie Fetch | 0 | 1,007,426 | 0 | 100.0% |
| Jennifer Rumsey | 0 | 6,429,004 | 0 | 100.0% |
| Jenny Bush | 0 | 1,063,550 | 0 | 100.0% |
| Mark Smith | 0 | 2,236,541 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Bonnie Fetch | RSU | 4,871 | — | $2,486,402 |
| Jenny Bush | Option | 3,200 | 142.12 | — |
| Mark Smith | RSU | 3,942 | — | 2,012,194 |
| Amy Davis | Option | 800 | 170.95 | — |
| Amy Davis | Option | 2,160 | 163.43 | — |
| Jenny Bush | PSU | 17,440 | — | 8,902,248 |
| Jennifer Rumsey | Option | 8,760 | 149.72 | — |
| Amy Davis | Option | 2,130 | 142.12 | — |
| Amy Davis | RSU | 8,639 | — | 4,409,778 |
| Jennifer Rumsey | Option | 6,950 | 160.1 | — |
| Jenny Bush | RSU | 5,127 | — | 2,617,077 |
| Jennifer Rumsey | PSU | 104,320 | — | 53,250,144 |
| Mark Smith | PSU | 39,040 | — | 19,927,968 |
| Amy Davis | PSU | 21,700 | — | 11,076,765 |
| Bonnie Fetch | PSU | 14,580 | — | 7,442,361 |
| Jennifer Rumsey | Option | 13,320 | 142.12 | — |
| Jennifer Rumsey | Option | 12,330 | 163.43 | — |
| Jennifer Rumsey | RSU | 10,228 | — | 5,220,883 |
| Jennifer Rumsey | Option | 1,235 | 166.18 | — |
| Jenny Bush | Option | 1,070 | 163.43 | — |
| Bonnie Fetch | Option | 752 | 142.12 | — |
Our compensation philosophy rewards executives for achieving our financial objectives and building long-term value for our shareholders and other stakeholders.
| CEO STI target (% of salary) | 175% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Farient |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 101,865,982 | 4,995,353 | 339,925 | 95.33% | Passed |
| 2025 | 2025-05-13 | 94,961,361 | 8,824,274 | 474,002 | 91.5% | Passed |
| 2024 | 2024-05-14 | 89,248,608 | 5,655,401 | 451,863 | 94.04% | Passed |
| 2023 | 2023-05-09 | 105,483,923 | 4,674,558 | 821,872 | 95.76% | Passed |
| 2022 | 2022-05-10 | 96,414,982 | 11,310,777 | 498,164 | 89.5% | Passed |
| 2021 | 2021-05-11 | 102,276,205 | 13,104,220 | 530,570 | 88.64% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-12 | 95.33%a |
| 2025 | 2025-05-13 | 91.5%b |
| 2024 | 2024-05-14 | 94.04%c |
a. Approved under the standard stated in the filing — “Accordingly, for the reasons we discuss above, our Board unanimously recommends that shareholders vote in favor of the following resolution: "RESOLVED, that the shareholders approve, on an advisory basis, the compensation of the Named Executive Officers as disclosed in the Compensation Discussion and Analysis section and the accompanying compensation tables and narratives contained in this proxy statement." The compensation of the Named Executive Officers as disclosed in the Compensation Discussion and Analysis section and the accompanying compensation tables and narratives contained in this proxy statement will be approved if the votes cast in favor of the proposal exceed those cast against the proposal.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not affect the voting results for this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not affect the voting results for this proposal.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 312 : 1 |
|---|---|
| CEO total compensation | $19,905,532 |
| Median employee compensation | $63,834 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| William I. MillerIndependent · Audit · Executive · Governance and Nominating · Talent Management and Compensation (Chair) | $165,000 | $199,075 | $0 | $0 | $0 | $451,124 |
| Robert J. BernhardIndependent · Audit · Governance and Nominating · Safety, Environment and Technology | 140,000 | 199,075 | 0 | 0 | 2,000 | 431,001 |
| Karen H. QuintosIndependent · Audit · Governance and Nominating · Safety, Environment and Technology (Chair) | 160,000 | 199,075 | 0 | 0 | 50,000 | 409,991 |
| Gary L. BelskeIndependent · Audit (Chair) · Talent Management and Compensation · Governance and Nominating | 165,000 | 199,075 | 0 | 0 | 41,550 | 405,625 |
| Thomas J. LynchIndependent · Lead Independent Director · Executive · Finance · Governance and Nominating (Chair) · Talent Management and Compensation | 205,000 | 199,075 | 0 | 0 | 0 | 404,075 |
| Kimberly A. NelsonIndependent · Audit · Governance and Nominating · Safety, Environment and Technology | 140,000 | 199,075 | 0 | 0 | 50,000 | 389,075 |
| Carla A. HarrisIndependent · Finance (Chair) · Governance and Nominating · Talent Management and Compensation | 160,000 | 199,075 | 0 | 0 | 1,057 | 381,909 |
| Daniel W. FisherIndependent · Finance · Governance and Nominating · Safety, Environment and Technology | 140,000 | 199,075 | 0 | 0 | 0 | 342,476 |
| John H. StoneIndependent · Audit · Governance and Nominating · Safety, Environment and Technology · Newly elected | 140,000 | 199,075 | 0 | 0 | 2,500 | 341,575 |
| Bruno V. Di Leo AllenIndependent · Finance · Governance and Nominating · Safety, Environment and Technology | 140,000 | 199,075 | 0 | 0 | 0 | 339,075 |
| Matthew TsienIndependent · Audit · Governance and Nominating · Safety, Environment and Technology | 116,667 | 152,078 | 0 | 0 | 500 | 269,245 |
| Jennifer W. RumseyEmployee director · Board Chair · Executive | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $140,000 |
|---|---|
| Annual equity retainer | $175,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 20,000 |
| Stock ownership guideline | 3x annual retainer |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,671,667 |
| Equity awards (grant-date value) | $2,142,828 |
| All other compensation | $147,607 |
| Total cost of the board | $3,962,102 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Cummins names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Cummins.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Deere & Company | 2025 | John May | $1,694,507 | $13,950,239 | $4,255,133 | $5,450,551 | $27,925,424 |
| 2 | Emerson Electric Co. | 2025 | Lal Karsanbhai | 1,537,500 | 15,413,325 | 0 | 3,728,525 | 21,240,262 |
| 3 | Honeywell International Inc. | 2025 | Vimal Kapur | 1,600,000 | 10,866,269 | 3,623,914 | 3,516,800 | 20,381,435 |
| 4 | Cummins | 2025 | Jennifer Rumsey | 1,533,750 | 6,429,004 | 0 | 6,975,656 | 19,905,532 |
| 5 | Textron Incorporated | 2024 | Scott Donnelly | 1,413,461 | 11,586,840 | 3,946,683 | 1,641,000 | 19,643,978 |
| 6 | Parker-Hannifin Corporation | 2025 | Jennifer Parmentier | 1,462,500 | 6,313,226 | 6,941,315 | 3,356,416 | 19,317,705 |
| 7 | Caterpillar Incorporated | 2025 | Joseph Creed | 1,381,892 | 9,538,484 | 3,101,117 | 2,476,800 | 17,008,077 |
| 8 | Illinois Tool Works | 2025 | Christopher A. O'Herlihy | 1,337,271 | 5,249,957 | 5,249,996 | 2,702,389 | 15,211,011 |
| 9 | Paccar Incorporated | 2025 | R. Preston Feight | 1,690,385 | 4,900,500 | 2,174,485 | 1,326,521 | 12,618,865 |
| 10 | Eaton Corporation | 2025 | Paulo Ruiz | 1,087,116 | 4,140,314 | 1,384,695 | 1,155,000 | 7,923,677 |
| 11 | Dana Incorporated | 2025 | R. Bruce McDonald | 1,300,000 | 4,124,985 | 0 | 0 | 5,609,922 |
| — | AB Volvo | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Cummins | 90% | PSU 70 · Cash LTI 30 | No | Farient |
| AB Volvo | not disclosed | not disclosed | not disclosed | not disclosed |
| Caterpillar Incorporated | 118% | PSU 50 · RSU 25 · Options 25 | Yes — relative Total Shareholder Return (rTSR) | Meridian Compensation Partners, LLC |
| Dana Incorporated | 200% | PSU 50 · RSU 50 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Deere & Company | 160.8% | PSU 50 · RSU 25 · Options 25 | No | Semler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year) |
| Eaton Corporation | 70% | PSU 50 · RSU 25 · Options 25 | Yes — Relative TSR | Meridian Compensation Partners |
| Emerson Electric Co. | 141.5% | PSU 55 · RSU 45 | Yes — relative total shareholder return modifier benchmark (rTSR) | Exequity LLP |
| Honeywell International Inc. | 126% | PSU 50 · Options 25 · RSU 25 | Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Group | not disclosed |
| Illinois Tool Works | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners LLC |
| Paccar Incorporated | 62.7% | not disclosed | No | The Committee typically retains a compensation consultant to assess the competitiveness of the Company's compensation programs every two years. It did not employ a compensation consultant in 2025. |
| Parker-Hannifin Corporation | 139.09% | PSU 50 · Options 50 | No | Mercer Consulting (Marsh & McLennan Companies, Inc.) |
| Textron Incorporated | 128.6% | PSU 50 · RSU 25 · Options 25 | No | Pearl Meyer |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Jennifer Rumsey | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “2025 Summary Compensation Table and Supplemental Tables”. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468 |
| 2 | Section 01, Mark Smith | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “2025 Summary Compensation Table and Supplemental Tables”. As printed: 7,606,897. Filing ↗machine: r4 · c47 · span 1127701–1127711 |
| 3 | Section 01, Amy Davis | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “2025 Summary Compensation Table and Supplemental Tables”. As printed: 6,424,660. Filing ↗machine: r7 · c47 · span 1146976–1146986 |
| 4 | Section 01, Jenny Bush | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “2025 Summary Compensation Table and Supplemental Tables”. As printed: 5,751,445. Filing ↗machine: r9 · c47 · span 1160150–1160160 |
| 5 | Section 01, Bonnie Fetch | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “2025 Summary Compensation Table and Supplemental Tables”. As printed: 4,512,419. Filing ↗machine: r11 · c47 · span 1172756–1172766 |
| 6 | Section 03, Amy Davis PRSU | DEF 14A | — | 0001104659-26-039158 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 03, Amy Davis PSU | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t145 · r5 · c11 · span 1540858–1540863 |
| 8 | Section 03, Bonnie Fetch PSU | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t145 · r9 · c11 · span 1548646–1548651 |
| 9 | Section 03, Jennifer Rumsey PSU | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t145 · r1 · c11 · span 1533069–1533075 |
| 10 | Section 03, Jenny Bush PSU | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t145 · r7 · c11 · span 1544750–1544755 |
| 11 | Section 03, Jenny Bush PRSU | DEF 14A | — | 0001104659-26-039158 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 12 | Section 03, Bonnie Fetch PRSU | DEF 14A | — | 0001104659-26-039158 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 13 | Section 03, Mark Smith PSU | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t145 · r3 · c11 · span 1536964–1536970 |
| 14 | Section 07, pay ratio | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “CEO Pay Ratio”. As printed: 312 : 1. Filing ↗machine: t166 · r2 · c5 · span 2141183–2141190 |
| 15 | Section 08, William I. Miller | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 451,124. Filing ↗machine: t176 · r5 · c29 · span 2294674–2294681 |
| 16 | Section 08, Robert J. Bernhard | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 431,001. Filing ↗machine: t176 · r1 · c29 · span 2278210–2278217 |
| 17 | Section 08, Karen H. Quintos | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 409,991. Filing ↗machine: t176 · r7 · c29 · span 2302907–2302914 |
| 18 | Section 08, Gary L. Belske | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 405,625. Filing ↗machine: t176 · r8 · c29 · span 2307011–2307018 |
| 19 | Section 08, Thomas J. Lynch | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 404,075. Filing ↗machine: t176 · r4 · c29 · span 2290544–2290551 |
| 20 | Section 08, Kimberly A. Nelson | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 389,075. Filing ↗machine: t176 · r6 · c29 · span 2298778–2298785 |
| 21 | Section 08, Carla A. Harris | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 381,909. Filing ↗machine: t176 · r3 · c29 · span 2286445–2286452 |
| 22 | Section 08, Daniel W. Fisher | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 342,476. Filing ↗machine: t176 · r9 · c29 · span 2311139–2311146 |
| 23 | Section 08, John H. Stone | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 341,575. Filing ↗machine: t176 · r10 · c29 · span 2315238–2315245 |
| 24 | Section 08, Bruno V. Di Leo Allen | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 339,075. Filing ↗machine: t176 · r2 · c29 · span 2282312–2282319 |
| 25 | Section 08, Matthew Tsien | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 269,245. Filing ↗machine: t176 · r11 · c29 · span 2319418–2319425 |
| 26 | Section 08, Jennifer W. Rumsey | DEF 14A | 2026-04-02 | 0001104659-26-039158 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 27 | Section 02, Marvin Boakye 2026-05-08 | Form 4 | 2026-05-11 | 0001225208-26-005120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Marvin Boakye 2026-05-08 | Form 4 | 2026-05-11 | 0001225208-26-005120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Nicole Lamb-Hale 2026-05-08 | Form 4 | 2026-05-08 | 0001225208-26-005017 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Nicole Lamb-Hale 2026-05-08 | Form 4 | 2026-05-08 | 0001225208-26-005017 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Marvin Boakye 2026-05-08 | Form 4 | 2026-05-11 | 0001225208-26-005120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Nicole Lamb-Hale 2026-05-08 | Form 4 | 2026-05-08 | 0001225208-26-005017 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Marvin Boakye 2026-05-08 | Form 4 | 2026-05-11 | 0001225208-26-005120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Marvin Boakye 2026-05-08 | Form 4 | 2026-05-11 | 0001225208-26-005120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Nathan R. Stoner 2026-05-11 | Form 4 | 2026-05-11 | 0001225208-26-005121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Brett Michael Merritt 2026-05-11 | Form 4 | 2026-05-12 | 0001225208-26-005176 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Marvin Boakye 2026-05-11 | Form 4 | 2026-05-12 | 0001225208-26-005177 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Bonnie Fetch 2026-05-11 | Form 4 | 2026-05-11 | 0001225208-26-005123 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Bonnie Fetch 2026-05-11 | Form 4 | 2026-05-13 | 0001225208-26-005232 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Kimberly A. Nelson 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005222 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Karen H. Quintos 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005221 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Daniel W. Fisher 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005226 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Carla A. Harris 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005225 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Thomas J. Lynch 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005224 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, William I. Miller 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005223 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 50 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 51 | Section 02, Gary L. Belske 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005228 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 52 | Section 02, Di Leo Allen Bruno V 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005227 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 53 | Section 02, John H. Stone 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005220 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 54 | Section 02, Matthew Tsien 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005219 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 55 | Section 02, Jenny Bush 2026-05-12 | Form 4 | 2026-05-13 | 0001225208-26-005213 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 56 | Section 02, Nathan R. Stoner 2026-05-13 | Form 4 | 2026-05-14 | 0001225208-26-005310 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 57 | Section 02, Bonnie Fetch 2026-05-13 | Form 4 | 2026-05-14 | 0001225208-26-005320 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 58 | Section 02, Donald G. Jackson 2026-05-14 | Form 4 | 2026-05-14 | 0001225208-26-005309 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 59 | Section 02, Donald G. Jackson 2026-05-14 | Form 4 | 2026-05-14 | 0001225208-26-005309 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 60 | Section 02, Donald G. Jackson 2026-05-14 | Form 4 | 2026-05-14 | 0001225208-26-005309 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 61 | Section 02, Brett Michael Merritt 2026-05-19 | Form 4 | 2026-05-19 | 0001225208-26-005491 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 62 | Section 06, 2026 vote | Form 8-K | 2026-05-14 | 0000026172-26-000018 | Item 5.07 · say-on-pay result. As reported: 95.33% (votes for as printed: 101,865,982). Filing ↗ |
| 63 | Section 06, 2025 vote | Form 8-K | 2025-05-15 | 0000026172-25-000016 | Item 5.07 · say-on-pay result. As reported: 91.5% (votes for as printed: 94,961,361). Filing ↗ |
| 64 | Section 06, 2024 vote | Form 8-K | 2024-05-15 | 0000026172-24-000026 | Item 5.07 · say-on-pay result. As reported: 94.04% (votes for as printed: 89,248,608). Filing ↗ |
| 65 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 66 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 67 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,671,667 + equity 2,142,828 + all other 147,607 = 3,962,102, summed across the director compensation table rows.machine: formula: Σ = 3,962,102 |
| 68 | Deere & Company, Section 10b CEO total | DEF 14A | 2026-01-14 | 0001104659-26-003618 | CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. Filing ↗machine: t295 · r9 · c26 · span 5375554–5375564 |
| 69 | Emerson Electric Co., Section 10b CEO total | DEF 14A | 2025-12-12 | 0000032604-25-000103 | CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399 |
| 70 | Honeywell International Inc., Section 10b CEO total | DEF 14A | 2026-04-10 | 0000773840-26-000029 | CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439 |
| 71 | Cummins (subject), Section 10b CEO total | DEF 14A | 2026-04-02 | 0001104659-26-039158 | CEO total compensation as printed in Cummins's own proxy. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468 |
| 72 | Textron Incorporated, Section 10b CEO total | DEF 14A | 2026-03-05 | 0001552781-26-000084 | CEO total compensation as printed in Textron Incorporated's own proxy. As printed: 19,643,978. Filing ↗machine: r7 · c18 · span 701332–701342 |
| 73 | Parker-Hannifin Corporation, Section 10b CEO total | DEF 14A | 2025-09-19 | 0001308179-25-000603 | CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 19,317,705. Filing ↗machine: r2 · c24 · span 1027257–1027267 |
| 74 | Caterpillar Incorporated, Section 10b CEO total | DEF 14A | 2026-04-30 | 0001308179-26-000358 | CEO total compensation as printed in Caterpillar Incorporated's own proxy. As printed: 17,008,077. Filing ↗machine: span 855862–855872 |
| 75 | Illinois Tool Works, Section 10b CEO total | DEF 14A | 2026-03-27 | 0001193125-26-127599 | CEO total compensation as printed in Illinois Tool Works's own proxy. As printed: 15,211,011. Filing ↗machine: span 1647874–1647884 |
| 76 | Paccar Incorporated, Section 10b CEO total | DEF 14A | 2026-03-18 | 0001193125-26-113876 | CEO total compensation as printed in Paccar Incorporated's own proxy. As printed: 12,618,865. Filing ↗machine: r2 · c27 · span 838577–838587 |
| 77 | Eaton Corporation, Section 10b CEO total | DEF 14A | 2026-03-13 | 0001193125-26-105117 | CEO total compensation as printed in Eaton Corporation's own proxy. As printed: 7,923,677. Filing ↗machine: r4 · c18 · span 2008245–2008255 |
| 78 | Dana Incorporated, Section 10b CEO total | DEF 14A | 2026-03-13 | 0001140361-26-009305 | CEO total compensation as printed in Dana Incorporated's own proxy. As printed: 5,609,922. Filing ↗machine: r2 · c25 · span 535285–535294 |
| 79 | Section 10a, Caterpillar Incorporated reciprocity | DEF 14A | — | 0001308179-26-000358 | Caterpillar Incorporated names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 80 | Section 10a, Illinois Tool Works reciprocity | DEF 14A | — | 0001193125-26-127599 | Illinois Tool Works names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 81 | Section 10a, Deere & Company reciprocity | DEF 14A | — | 0001104659-26-003618 | Deere & Company names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 82 | Section 10a, Eaton Corporation reciprocity | DEF 14A | — | 0001193125-26-105117 | Eaton Corporation names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 83 | Section 10a, Paccar Incorporated reciprocity | DEF 14A | — | 0001193125-26-113876 | Paccar Incorporated names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 84 | Section 10a, Emerson Electric Co. reciprocity | DEF 14A | — | 0000032604-25-000103 | Emerson Electric Co. names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 85 | Section 10a, Dana Incorporated reciprocity | DEF 14A | — | 0001140361-26-009305 | Dana Incorporated's most recent proxy was read; its disclosed peer group does not include Cummins. Filing ↗ |
| 86 | Section 10a, Textron Incorporated reciprocity | DEF 14A | — | 0001552781-26-000084 | Textron Incorporated's most recent proxy was read; its disclosed peer group does not include Cummins. Filing ↗ |
| 87 | Section 10a, Honeywell International Inc. reciprocity | DEF 14A | — | 0000773840-26-000029 | Honeywell International Inc.'s most recent proxy was read; its disclosed peer group does not include Cummins. Filing ↗ |
| 88 | Section 10a, Parker-Hannifin Corporation reciprocity | DEF 14A | — | 0001308179-25-000603 | Parker-Hannifin Corporation names Cummins in its own disclosed peer group (read from its most recent proxy). Filing ↗ |