Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CI | Common Stock, $.01 Par Value | Award | $0 | +5.7K | +17.85% | $0.00 | 37.6K | Mar 1, 2024 | Direct | F1 |
transaction | CI | Common Stock, $.01 Par Value | Tax liability | -$250K | -749 | -1.99% | $333.36 | 36.9K | Mar 1, 2024 | Direct | F2 |
transaction | CI | Common Stock, $.01 Par Value | Tax liability | -$831K | -2.49K | -6.75% | $333.36 | 34.4K | Mar 1, 2024 | Direct | F3 |
transaction | CI | Common Stock, $.01 Par Value | Sale | -$650K | -1.95K | -5.68% | $332.62 | 32.5K | Mar 4, 2024 | Direct | F4 |
holding | CI | Common Stock, $.01 Par Value | 8.11K | Mar 1, 2024 | By 401(k) | F5 |
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 | The reported securities are shares of common stock received pursuant to the settlement of strategic performance shares for the 2021-2023 three-year performance period. The number of shares of common stock received was based upon actual performance against pre-established Company performance goals. |
F2 | Represents shares withheld to satisfy tax obligations upon vesting of restricted shares. |
F3 | Represents shares withheld to satisfy tax obligations upon settlement of strategic performance shares. |
F4 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 16, 2023. |
F5 | Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan. |