Cigna director adds 109 phantom stock units
Cigna director George Kurian increased his deferred, cash-settled phantom stock balance through a grant tied to his board retainer and dividend reinvestment.
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Form Type
4
Rhea-AI Filing Summary
Cigna Group (CI) director George Kurian reported an acquisition of 108.6642 phantom stock units on August 31, 2026 under the company’s director Deferral Plan, increasing his directly held phantom stock balance to 2,041.8523 units. These units represent voluntary deferral of a portion of his cash retainer into a hypothetical stock fund and are economically equivalent to Cigna common shares but will be settled in cash.
Insider Trade Summary
Grant/Award: 108.6642 shares
Grant/Award
1 txn
Insider
Kurian George
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 108.6642 | $276.08 | $30K |
Holdings After Transaction:
Phantom Stock Units — 2,041.8523 contracts (Direct)
Footnotes (2)
- 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 10.7387 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferral Plan.
Key Figures
Phantom stock units acquired: 108.6642 units
Dividend reinvestment phantom units: 10.7387 units
Phantom stock units after transaction: 2,041.8523 units
+1 more
4 metrics
Phantom stock units acquired
108.6642 units
Grant/award acquisition on August 31, 2026 under the director Deferral Plan
Dividend reinvestment phantom units
10.7387 units
Portion of the reported acquisition from the Deferral Plan’s dividend reinvestment feature
Phantom stock units after transaction
2,041.8523 units
Total phantom stock units directly held by George Kurian following the August 31, 2026 transaction
Reference transaction value per unit
$276.08 per unit
Price field associated with the 108.6642 phantom stock units acquisition, footnote-qualified under the Deferral Plan
Key Terms
Phantom Stock Units, Deferred Compensation Plan of 2005 for Directors of Cigna Corporation, hypothetical stock fund, dividend reinvestment feature
4 terms
Phantom Stock Units financial
"The phantom stock units described in Table II represent the voluntary deferral"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan of 2005 for Directors of Cigna Corporation financial
"Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation"
hypothetical stock fund financial
"into the hypothetical stock fund under the Deferral Plan"
dividend reinvestment feature financial
"Includes 10.7387 phantom stock units acquired pursuant to a dividend reinvestment feature"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cigna Group (CI) director George Kurian report on this Form 4?
He reported an acquisition of 108.6642 phantom stock units on August 31, 2026, received through voluntary deferral of a portion of his cash retainer into a hypothetical stock fund under Cigna’s director Deferral Plan.
How many phantom stock units does George Kurian hold in total at Cigna Group (CI)?
After the reported transaction, George Kurian directly holds 2,041.8523 phantom stock units under the director Deferral Plan, each economically equivalent to one share of Cigna Group’s common stock but ultimately settled in cash.
What portion of the new Cigna (CI) phantom stock units came from dividend reinvestment?
Of the 108.6642 phantom stock units acquired, the filing states that 10.7387 units were acquired pursuant to a dividend reinvestment feature of the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation.
How do Cigna Group (CI) phantom stock units work under the Deferral Plan?
Each phantom stock unit is the economic equivalent of one Cigna common share, created when a director defers cash or stock retainer amounts into a hypothetical stock fund. These units will be settled in cash rather than in actual Cigna shares.
Was Cigna Group (CI) director George Kurian’s Form 4 transaction under a Rule 10b5-1 plan?
The filing shows the Rule 10b5-1 checkbox as not affirmed, and the footnotes describe the award as part of the Deferred Compensation Plan of 2005 for Directors, not as trades under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
