Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CI | Common Stock, $.01 Par Value | Sale | -$2.16M | -7.82K | -20.64% | $276.86 | 30.1K | Aug 21, 2023 | Direct | F1 |
holding | CI | Common Stock, $.01 Par Value | 1.37K | Aug 21, 2023 | By 401(k) | F2 |
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).
Id | Content |
---|---|
F1 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2023. |
F2 | Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan. |