Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CI | Phantom Stock Units | Award | $45.8K | +126 | +1.59% | $361.81 | 8.07K | Aug 30, 2024 | Common Stock, $.01 Par Value | 126 | Direct | F1, F2 |
Id | Content |
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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 32.772 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferral Plan. |