Eric P. Palmer - 02 Feb 2024 Form 4 Insider Report for Cigna Group (CI)

Role
Officer
Signature
Matthew Arnold, attorney-in-fact
Issuer symbol
CI
Transactions as of
02 Feb 2024
Net transactions value
-$914,387
Form type
4
Filing time
06 Feb 2024, 21:02:55 UTC
Previous filing
10 May 2023
Next filing
13 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Options Exercise $791,326 +5,684 +12% $139.22 51,248 02 Feb 2024 Direct F1
transaction CI Common Stock, $.01 Par Value Sale $1,847,300 -5,684 -11% $325.00 45,564 02 Feb 2024 Direct F1
transaction CI Common Stock, $.01 Par Value Options Exercise $141,587 +1,017 +2.2% $139.22 46,581 05 Feb 2024 Direct F1
holding CI Common Stock, $.01 Par Value 245 02 Feb 2024 By 401(k) F2
holding CI Common Stock, $.01 Par Value 41 02 Feb 2024 By Spouse's 401(k) F2
holding CI Common Stock, $.01 Par Value 1,125 02 Feb 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 -5,684 -85% $0.000000 1,017 02 Feb 2024 Common Stock, $.01 Par Value 5,684 $139.22 Direct F1, F3
transaction CI Employee Stock Option (Right to Buy) Options Exercise $0 -1,017 -100% $0.000000* 0 05 Feb 2024 Common Stock, $.01 Par Value 1,017 $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