Cigna (CI) CAO receives 657 options and new stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cigna Group Chief Accounting Officer Jamie G. Kates reported equity compensation changes. On February 27, 2026, Kates was granted 657 employee stock options and additional shares of common stock as part of strategic performance share settlements and new restricted share awards. The options and restricted shares vest in three equal annual installments beginning March 1, 2027. A total of 71 and 61 shares of common stock were withheld to satisfy tax obligations tied to these awards, leaving Kates with 2,368 common shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Kates Jamie G
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 657 | $0.00 | -- |
| Grant/Award | Common Stock, $.01 Par Value | 205 | $0.00 | -- |
| Grant/Award | Common Stock, $.01 Par Value | 609 | $0.00 | -- |
| Tax Withholding | Common Stock, $.01 Par Value | 71 | $287.55 | $20K |
| Tax Withholding | Common Stock, $.01 Par Value | 61 | $287.55 | $18K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 657 shares (Direct);
Common Stock, $.01 Par Value — 1,891 shares (Direct)
Footnotes (1)
- 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. These restricted shares vest in three equal annual installments beginning March 1, 2027. Represents shares withheld to satisfy tax obligations upon settlement of strategic performance shares. Represents shares withheld to satisfy tax obligations upon vesting of restricted shares. This option vests in three equal annual installments beginning March 1, 2027.
FAQ
What did Cigna (CI) insider Jamie G. Kates report in this Form 4?
Jamie G. Kates reported new equity compensation and related tax withholdings. The filing shows grants of stock options and common shares, plus shares withheld to cover tax obligations tied to performance and restricted stock awards over the 2023–2025 period.
How many Cigna (CI) stock options were granted to Jamie G. Kates?
Kates received a grant of 657 employee stock options with a reported exercise price of $0.00 per share. These options vest in three equal annual installments beginning March 1, 2027, aligning with Cigna’s long-term incentive structure for senior executives and linking compensation to multi-year performance.
What common stock awards did Jamie G. Kates receive from Cigna (CI)?
Kates received common shares through settlement of strategic performance shares and a new restricted share grant. The performance shares related to the 2023–2025 period, with payouts based on Company performance goals. The restricted shares vest in three equal annual installments starting March 1, 2027.