Cigna (CI) CAO exercises options, sells 899 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cigna Group Chief Accounting Officer Jamie G. Kates exercised employee stock options for 899 shares of common stock at $152.8947 per share and, on the same date, sold 899 shares in an open-market transaction at $298.612 per share. Following these transactions, Kates directly holds 2,368 Cigna common shares. The exercised option was originally granted on February 28, 2018 and vested in three equal annual installments beginning February 28, 2019.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 899 shares ($268,452)
Net Sell
3 txns
Insider
Kates Jamie G
Role
Chief Accounting Officer
Sold
899 shs ($268K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 899 | $0.00 | -- |
| Exercise | Common Stock, $.01 Par Value | 899 | $152.8947 | $137K |
| Sale | Common Stock, $.01 Par Value | 899 | $298.612 | $268K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock, $.01 Par Value — 3,267 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 899 shares
Sale price: $298.612 per share
Options exercised: 899 shares
+4 more
7 metrics
Shares sold
899 shares
Open-market sale of common stock on June 12, 2026
Sale price
$298.612 per share
Average price for 899 common shares sold
Options exercised
899 shares
Employee Stock Option converted into common stock
Option exercise price
$152.8947 per share
Conversion or exercise price of Employee Stock Option
Shares held after
2,368 shares
Direct Cigna common stock holdings post-transaction
Option grant date
February 28, 2018
Grant date of exercised Employee Stock Option
Option expiration
March 7, 2028
Expiration date of the Employee Stock Option
Key Terms
open-market sale, Employee Stock Option (Right to Buy), Exercise or conversion of derivative security, Chief Accounting Officer, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"security_title": "Employee Stock Option (Right to Buy)""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Chief Accounting Officer financial
"officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
derivative security financial
"transaction_type": "derivative""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Cigna (CI) report for Jamie G. Kates?
Cigna reported that Chief Accounting Officer Jamie G. Kates exercised employee stock options for 899 common shares and sold 899 common shares in an open-market transaction on June 12, 2026, according to a Form 4 insider trading disclosure.
What employee stock option grant did Jamie G. Kates exercise at Cigna (CI)?
Jamie G. Kates exercised an Employee Stock Option covering 899 Cigna common shares with a conversion or exercise price of $152.8947 per share. The option was granted on February 28, 2018 and vested in three equal annual installments starting February 28, 2019.
Does Jamie G. Kates have remaining employee stock options in this Cigna (CI) filing?
In this Form 4, the derivative section shows an Employee Stock Option for 899 shares exercised down to zero remaining, and the derivative summary is empty, indicating no remaining derivative positions are reported in this particular filing excerpt.