0000026172false00000261722024-05-142024-05-14

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
cumminslogoa03.jpg
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of the earliest event reported):  May 14, 2024

 
  CUMMINS INC.
(Exact name of registrant as specified in its charter)
Indiana1-494935-0257090
(State or other Jurisdiction of
Incorporation)
 (Commission File Number)
 (I.R.S. Employer Identification No.)

500 Jackson Street
P. O. Box 3005
Columbus, Indiana  47202-3005
(Principal Executive Office) (Zip Code)

Registrant's telephone number, including area code: (812) 377-5000
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Sections 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common stock, $2.50 par valueCMINew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.07.    Submission of Matters to a Vote of Security Holders.
On May 14, 2024, at the 2024 annual meeting of shareholders (the “Annual Meeting”) of Cummins Inc. (the “Company”), the Company’s shareholders voted on the following proposals:
•The election of eleven directors for a one-year term to expire at the Company’s 2025 annual meeting of shareholders;
•An advisory vote on the compensation of the Company’s named executive officers;
•The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s auditors for 2024;
•A shareholder proposal regarding an independent board chairman; and
•A shareholder proposal regarding linking executive compensation to achieving 1.5°C emissions reductions.
As of the March 21, 2024 record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting, 136,758,679 shares of Common Stock were outstanding and entitled to vote, each entitled to one vote per share. Approximately 82.5% of all votes were represented at the Annual Meeting in person or by proxy.
The following are the final votes on the matters presented for shareholder approval at the Annual Meeting.
1.Election of Eleven Directors for a One-Year Term to Expire at the Company’s 2025 Annual Meeting of Shareholders
NameForAgainstAbstainBroker
Non-Votes
Jennifer W. Rumsey88,458,860 6,539,605 357,407 17,523,019 
Gary L. Belske93,334,047 1,620,924 400,901 17,523,019 
Robert J. Bernhard89,029,864 5,962,201 363,807 17,523,019 
Bruno V. Di Leo Allen92,663,340 2,285,272 407,260 17,523,019 
Daniel W. Fisher94,358,920 604,367 392,585 17,523,019 
Carla A. Harris91,187,443 3,814,428 354,001 17,523,019 
Thomas J. Lynch89,592,124 5,338,040 425,708 17,523,019 
William I. Miller87,963,955 7,089,669 302,248 17,523,019 
Kimberly A. Nelson92,405,133 2,597,167 353,572 17,523,019 
Karen H. Quintos92,326,981 2,669,408 359,483 17,523,019 
John H. Stone94,452,414 520,563 382,895 17,523,019 
2.Advisory Vote on the Compensation of the Company’s Named Executive Officers
ForAgainstAbstainBroker Non-Votes
89,248,6085,655,401451,86317,523,019
3.Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company’s Auditors for 2024
ForAgainstAbstainBroker Non-Votes
107,565,3285,071,279242,284—
4.Shareholder Proposal Regarding an Independent Board Chairman
ForAgainstAbstainBroker Non-Votes
41,415,87653,460,424479,57217,523,019
5.Shareholder Proposal Regarding Linking Executive Compensation to Achieving 1.5°C emissions reductions
ForAgainstAbstainBroker Non-Votes
15,609,08179,253,669493,12217,523,019



SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: May 15, 2024
 
CUMMINS INC.
/s/ NICOLE Y. LAMB-HALE
Nicole Y. Lamb-Hale
Vice President, Chief Legal Officer & Corporate Secretary


v3.24.1.1.u2
DOCUMENT COVER Document
May 14, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date May 14, 2024
Entity Registrant Name CUMMINS INC.
Entity Incorporation, State or Country Code IN
Entity File Number 1-4949
Entity Tax Identification Number 35-0257090
Entity Address, Address Line One 500 Jackson Street
Entity Address, Address Line Two P. O. Box 3005
Entity Address, City or Town Columbus
Entity Address, State or Province IN
Entity Address, Postal Zip Code 47202-3005
City Area Code 812
Local Phone Number 377-5000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, $2.50 par value
Trading Symbol CMI
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0000026172
Amendment Flag false
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