Cigna Group (NYSE: CI) exec logs phantom stock awards
Rhea-AI Filing Summary
Cigna Group (CI) reported that executive Bryan Holgerson received small additional awards of phantom stock units linked to Cigna common stock. On 2026-07-09, 2026-07-23, and 2026-08-06 he acquired 0.8873, 0.9458, and 0.9837 units, respectively, under the Executive Deferred Compensation Plan, which are economically equivalent to CI shares but will be settled in cash. He also reports indirect ownership of 735.9274 CI common shares held through The Cigna Group's 401(k) Plan.
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Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Holgerson Bryan
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F2 | 0.9837 | $275.25 | $270.76 |
| Grant/Award | Phantom Stock Units F2 | 0.9458 | $286.29 | $270.77 |
| Grant/Award | Phantom Stock Units F2 | 0.8873 | $291.80 | $258.91 |
| holding | Common Stock, $.01 Par Value F1 | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 944.6253 shares (Direct);
Common Stock, $.01 Par Value — 735.9274 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Represents shares acquired through ongoing participation in The Cigna Group's 401(k) Plan.
- F2. Each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock and will be settled in cash in accordance with the terms of The Cigna Group Executive Deferred Compensation Plan. The reporting person may transfer his interests in The Cigna Group stock fund into an alternative investment fund.
Key Figures
Phantom stock units acquired: 0.9837 units
Phantom stock units acquired: 0.9458 units
Phantom stock units acquired: 0.8873 units
+4 more
7 metrics
Phantom stock units acquired
0.9837 units
Grant on 2026-08-06 under Executive Deferred Compensation Plan
Phantom stock units acquired
0.9458 units
Grant on 2026-07-23 under Executive Deferred Compensation Plan
Phantom stock units acquired
0.8873 units
Grant on 2026-07-09 under Executive Deferred Compensation Plan
Per-unit value
$275.25
Phantom stock units grant dated 2026-08-06
Per-unit value
$286.29
Phantom stock units grant dated 2026-07-23
Per-unit value
$291.80
Phantom stock units grant dated 2026-07-09
Indirect CI common stock holding
735.9274 shares
Shares held by 401(k) plan following 2026-07-09 entry
Key Terms
Phantom Stock Units, Executive Deferred Compensation Plan, economic equivalent, 401(k) Plan
4 terms
Phantom Stock Units financial
"Represents grants of Phantom Stock Units economically equivalent to CI common stock"
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.
Executive Deferred Compensation Plan financial
"settled in cash in accordance with the terms of The Cigna Group Executive Deferred Compensation Plan"
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock"
401(k) Plan financial
"shares acquired through ongoing participation in The Cigna Group's 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What did Cigna Group (CI) executive Bryan Holgerson report in this Form 4?
He reported grants of phantom stock units on three dates in July and August 2026 under Cigna’s Executive Deferred Compensation Plan, plus an updated holding of 735.9274 CI common shares held indirectly through The Cigna Group’s 401(k) Plan.
How many phantom stock units did Bryan Holgerson acquire tied to CI?
He acquired 0.8873 phantom stock units on 2026-07-09, 0.9458 units on 2026-07-23, and 0.9837 units on 2026-08-06. Each unit is economically equivalent to one share of Cigna Group common stock and will be settled in cash.
What are the per-unit values of the phantom stock units reported for CI?
The reported per-unit values were $291.80 for 0.8873 units on 2026-07-09, $286.29 for 0.9458 units on 2026-07-23, and $275.25 for 0.9837 units on 2026-08-06, as referenced in connection with the deferred compensation awards.
Will Bryan Holgerson’s phantom stock units in CI be paid in stock or cash?
The filing states that each phantom stock unit is the economic equivalent of one Cigna Group common share but will be settled in cash in accordance with The Cigna Group Executive Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.