Paul A. Sanford - Jul 19, 2023 Form 4 Insider Report for Cigna Group (CI)

Role
EVP Operations
Signature
Kevin Ciaglo, attorney-in-fact
Stock symbol
CI
Transactions as of
Jul 19, 2023
Transactions value $
-$444,881
Form type
4
Date filed
7/21/2023, 05:03 PM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Sale -$445K -1.51K -14.79% $295.21 8.68K Jul 19, 2023 Direct F1
holding CI Common Stock, $.01 Par Value 262 Jul 19, 2023 By 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2023.
F2 Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan.