David Cordani - 28 Feb 2025 Form 4 Insider Report for Cigna Group (CI)

Signature
Matthew Arnold, attorney-in-fact
Issuer symbol
CI
Transactions as of
28 Feb 2025
Net transactions value
-$16,617,070
Form type
4
Filing time
04 Mar 2025, 19:52:14 UTC
Previous filing
28 Mar 2024
Next filing
03 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Award $0 +49,437 +41% $0.000000 170,783 28 Feb 2025 Direct F1, F2
transaction CI Common Stock, $.01 Par Value Award $0 +11,117 +6.5% $0.000000 181,900 28 Feb 2025 Direct F3
transaction CI Common Stock, $.01 Par Value Tax liability $1,436,319 -4,696 -2.6% $305.86 177,204 28 Feb 2025 Direct F4
transaction CI Common Stock, $.01 Par Value Tax liability $7,007,253 -22,910 -13% $305.86 154,294 28 Feb 2025 Direct F5
transaction CI Common Stock, $.01 Par Value Sale $8,173,499 -26,527 -17% $308.12 127,767 03 Mar 2025 Direct F6
holding CI Common Stock, $.01 Par Value 1,757 28 Feb 2025 By 401(k) F7
holding CI Common Stock, $.01 Par Value 334,387 28 Feb 2025 By GRAT F2
holding CI Common Stock, $.01 Par Value 153,801 28 Feb 2025 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) Award $0 +39,476 $0.000000 39,476 28 Feb 2025 Common Stock, $.01 Par Value 39,476 $305.86 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The reported securities are shares of common stock received pursuant to the settlement of strategic performance shares for the 2022-2024 three-year performance period. The number of shares of common stock received was based upon actual performance against pre-established Company performance goals.
F2 Reflects the transfer by the Reporting Person of 334,387 shares of common stock on May 8, 2024 to the Reporting Person's grantor retained annuity trust. In addition, it reflects the transfer by the Reporting Person's grantor retained annuity trust of 99,918 shares of common stock on January 27, 2025 in respect of a payment of an annual annuity to the Reporting Person pursuant to the terms of the grantor retained annuity trust.
F3 These restricted shares vest in three equal annual installments beginning March 1, 2026.
F4 Represents shares withheld to satisfy tax obligations upon vesting of restricted shares.
F5 Represents shares withheld to satisfy tax obligations upon settlement of strategic performance shares.
F6 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2024.
F7 Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan.
F8 This option vests in three equal annual installments beginning March 1, 2026.

Remarks:

Exhibit List: EX-24 Power of Attorney poacordani.txt