Cigna EVP Koka gets new stock and option grants
Cigna Group executive Durga Prasad Koka reported new equity awards and related tax share withholdings.
Rhea-AI Filing Summary
Cigna Group executive Durga Prasad Koka reported new equity awards and related tax share withholdings. On February 27, 2026, he was granted an employee stock option for 4,127 shares at a price of $0.00 per share, which vests in three equal annual installments beginning March 1, 2027. He also acquired common stock through settlement of strategic performance shares for the 2023–2025 period and through restricted share grants, with vesting for certain restricted shares also starting March 1, 2027. Separate transactions show small blocks of common stock withheld at $287.55 per share to cover tax obligations on these equity awards, rather than open-market sales.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 4,127 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $.01 Par Value | 499 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $.01 Par Value | 2,678 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $.01 Par Value | 122 | $287.55 | $35K |
| Exercise Price or Tax Liability | Common Stock, $.01 Par Value | 98 | $287.55 | $28K |
Footnotes (5)
- F1. The reported securities are shares of common stock received pursuant to the settlement of strategic performance shares for the 2023-2025 three-year performance period. The number of shares of common stock received was based upon actual performance against pre-established Company performance goals.
- F2. These restricted shares vest in three equal annual installments beginning March 1, 2027.
- F3. Represents shares withheld to satisfy tax obligations upon settlement of strategic performance shares.
- F4. Represents shares withheld to satisfy tax obligations upon vesting of restricted shares.
- F5. This option vests in three equal annual installments beginning March 1, 2027.
FAQ
What insider transactions did Cigna (CI) report for Durga Prasad Koka?
Were Durga Prasad Koka’s Cigna (CI) transactions open-market buys or sells?
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