Eric C. Wiseman - Aug 31, 2023 Form 4 Insider Report for Cigna Group (CI)

Role
Director
Signature
Kevin Ciaglo, attorney-in-fact
Stock symbol
CI
Transactions as of
Aug 31, 2023
Transactions value $
$39,500
Form type
4
Date filed
9/1/2023, 06:00 PM
Previous filing
Jun 2, 2023
Next filing
Dec 4, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CI Phantom Stock Units Award $39.5K +143 +1.96% $276.26 7.43K Aug 31, 2023 Common Stock, $.01 Par Value 143 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation ("Deferral Plan"), directors may elect to defer the payment of the cash and/or common stock portion of their retainers beyond the designated payment date. The phantom stock units described in Table II represent the voluntary deferral of a portion of the reporting person's cash retainer into the hypothetical stock fund under the Deferral Plan. Each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock and will be settled in cash.
F2 Includes 32.4234 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferral Plan.