Eric P. Palmer - Feb 2, 2024 Form 4 Insider Report for Cigna Group (CI)

Role
Officer
Signature
Matthew Arnold, attorney-in-fact
Stock symbol
CI
Transactions as of
Feb 2, 2024
Transactions value $
-$914,387
Form type
4
Date filed
2/6/2024, 09:02 PM
Previous filing
May 10, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Options Exercise $791K +5.68K +12.47% $139.22 51.2K Feb 2, 2024 Direct F1
transaction CI Common Stock, $.01 Par Value Sale -$1.85M -5.68K -11.09% $325.00 45.6K Feb 2, 2024 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $142K +1.02K +2.23% $139.22 46.6K Feb 5, 2024 Direct F1
holding CI Common Stock, $.01 Par Value 245 Feb 2, 2024 By 401(k) F2
holding CI Common Stock, $.01 Par Value 41.1 Feb 2, 2024 By Spouse's 401(k) F2
holding CI Common Stock, $.01 Par Value 1.13K Feb 2, 2024 By Trust

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 Employee Stock Option (Right to Buy) Options Exercise $0 -5.68K -84.82% $0.00 1.02K Feb 2, 2024 Common Stock, $.01 Par Value 5.68K $139.22 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -1.02K -100% $0.00* 0 Feb 5, 2024 Common Stock, $.01 Par Value 1.02K $139.22 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 7, 2023. In compliance with SEC guidance, the reporting person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F2 Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan.
F3 This option was granted on March 1, 2016. The option vested in three equal annual installments on the first, second and third anniversaries of the grant date.

Remarks:

EVP, Enterprise Strategy and President & CEO, Evernorth Health Services - Exhibit List: EX-24 Power of Attorney poapalmer.txt