Cigna CFO awarded stock options and shares
Cigna Group EVP and CFO Ann M. Dennison reported equity compensation changes involving company stock.
Rhea-AI Filing Summary
Cigna Group EVP and CFO Ann M. Dennison reported equity compensation changes involving company stock. She received an award of 8,066 employee stock options with an exercise price of $0.0000, which vest in three equal annual installments beginning on March 1, 2027. She was also granted 5,234 shares of common stock as restricted shares that vest in three equal annual installments beginning on March 1, 2027. To satisfy tax obligations upon the vesting of restricted shares, 409 shares of common stock were disposed of at $287.55 per share through share withholding, leaving her with 7,745 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 8,066 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $.01 Par Value | 5,234 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $.01 Par Value | 409 | $287.55 | $118K |
Footnotes (3)
- F1. These restricted shares vest in three equal annual installments beginning March 1, 2027.
- F2. Represents shares withheld to satisfy tax obligations upon vesting of restricted shares.
- F3. This option vests in three equal annual installments beginning March 1, 2027.
FAQ
What equity awards did Cigna (CI) CFO Ann Dennison receive?
How do the new Cigna (CI) stock options for the CFO vest?
What are the terms of the restricted stock granted to Cigna (CI) CFO?
Are the Cigna (CI) CFO’s new equity awards immediately exercisable or vested?
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