Eric P. Palmer - Feb 24, 2023 Form 4 Insider Report for Cigna Group (CI)

Role
President & CEO, Evernorth
Signature
Kevin Ciaglo, attorney-in-fact
Stock symbol
CI
Transactions as of
Feb 24, 2023
Transactions value $
-$1,637,318
Form type
4
Date filed
2/28/2023, 05:01 PM
Previous filing
Feb 24, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CI Common Stock, $.01 Par Value Award $0 +11.3K +26.73% $0.00 53.4K Feb 24, 2023 Direct F1
transaction CI Common Stock, $.01 Par Value Tax liability -$168K -572 -1.07% $294.27 52.8K Feb 24, 2023 Direct F2
transaction CI Common Stock, $.01 Par Value Tax liability -$1.47M -4.99K -9.45% $294.27 47.8K Feb 24, 2023 Direct F3
holding CI Common Stock, $.01 Par Value 241 Feb 24, 2023 By 401(k) F4
holding CI Common Stock, $.01 Par Value 40.4 Feb 24, 2023 By Spouse's 401(k) F4
holding CI Common Stock, $.01 Par Value 735 Feb 24, 2023 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 2020-2022 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 Represents shares acquired through ongoing participation in Cigna's 401(k) Plan.