Cigna Group (NYSE: CI) officer Adam Kautzner details stock and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cigna Group officer Adam Kautzner filed an initial ownership report on Form 3. He holds 13,532.5100 shares of Cigna common stock directly. He also holds several employee stock options to buy Cigna common stock, with exercise prices between $183.4405 and $336.4750 and expirations from 2029 through 2036, vesting in three equal annual installments as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Kautzner Adam
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock, $.01 Par Value | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 1,608 shares (Direct, null);
Common Stock, $.01 Par Value — 13,532.51 shares (Direct, null)
Footnotes (1)
- This option vested in three equal annual installments beginning February 27, 2020. This option vested in three equal annual installments beginning February 26, 2021. This option vested in three equal annual installments beginning March 1, 2022. This option vested in three equal annual installments beginning March 1, 2023. This option vested in three equal annual installments beginning March 1, 2024. This option vests in three equal annual installments beginning March 1, 2025. This option vests in three equal annual installments beginning March 1, 2026. This option vests in three equal annual installments beginning March 1, 2027.
Key Figures
Direct common shares: 13,532.5100 shares
Option grant underlying shares: 5,628.0000 shares
Option grant underlying shares: 8,708.0000 shares
+5 more
8 metrics
Direct common shares
13,532.5100 shares
Directly held Cigna Group common stock reported on Form 3
Option grant underlying shares
5,628.0000 shares
Employee Stock Option (Right to Buy) with $287.5475 exercise price expiring 2036-02-27
Option grant underlying shares
8,708.0000 shares
Employee Stock Option (Right to Buy) with $305.8550 exercise price expiring 2035-02-28
Option grant underlying shares
5,955.0000 shares
Employee Stock Option (Right to Buy) with $336.4750 exercise price expiring 2034-02-28
Option grant underlying shares
3,764.0000 shares
Employee Stock Option (Right to Buy) with $294.6100 exercise price expiring 2033-02-22
Option grant underlying shares
1,778.0000 shares
Employee Stock Option (Right to Buy) with $227.0200 exercise price expiring 2032-02-23
Lowest option exercise price
$183.4405 per share
Employee Stock Option (Right to Buy) expiring 2029-02-27 covering 1,608.0000 underlying shares
Highest option exercise price
$336.4750 per share
Employee Stock Option (Right to Buy) expiring 2034-02-28 covering 5,955.0000 underlying shares
Key Terms
Employee Stock Option (Right to Buy), underlying security title, par value, vested in three equal annual installments
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
underlying security title financial
"underlying_security_title: "Common Stock, $.01 Par Value""
par value financial
"Common Stock, $.01 Par Value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
vested in three equal annual installments financial
"This option vested in three equal annual installments beginning March 1, 2022."
FAQ
What does Cigna Group (CI) insider Adam Kautzner report on this Form 3?
Adam Kautzner reports his initial ownership as a Cigna Group officer, including 13,532.5100 shares of common stock held directly and multiple employee stock options to buy Cigna common stock with specified exercise prices, expiration dates, and vesting schedules.
What stock options does Adam Kautzner hold in Cigna Group (CI)?
He holds several Employee Stock Options (Right to Buy) on Cigna common stock, including grants covering 5,628, 8,708, 5,955, 3,764, 1,778, 2,008, 1,579 and 1,608 underlying shares, each with its own exercise price, expiration date, and three-year vesting schedule.
What are the exercise prices of Adam Kautzner’s Cigna Group (CI) stock options?
His reported option exercise prices include $287.5475, $305.8550, $336.4750, $294.6100, $227.0200, $213.8000, $192.0200 and $183.4405 per share, each tied to a specific option grant on Cigna common stock with defined expiration dates.
When do Adam Kautzner’s Cigna Group (CI) stock options expire?
The reported employee stock options expire between February 27, 2029 and February 27, 2036. Each grant has its own expiration date, with vesting in three equal annual installments beginning in 2020 through 2027, depending on the specific option.
How do the Cigna Group (CI) options held by Adam Kautzner vest?
Each reported option vests in three equal annual installments. Vesting start dates range from February 27, 2020 through March 1, 2027, meaning one-third of the underlying shares becomes exercisable each year over a three-year period for each grant.