STOCK TITAN

Cigna Group (NYSE: CI) EVP has 729 shares withheld to cover tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cigna Group executive Durga Prasad Koka, EVP and Global CIO, reported a routine tax-related share disposition. On the vesting of restricted shares, 729 common shares were withheld to cover tax obligations at an indicated value of $275.53 per share. After this withholding, Koka directly holds 6,552 Cigna common shares. This was not an open-market sale, but an automatic mechanism tied to equity compensation.

Positive

  • None.

Negative

  • None.
Insider Koka Durga Prasad
Role EVP, Global CIO
Type Security Shares Price Value
Tax Withholding Common Stock, $.01 Par Value 729 $275.53 $201K
Holdings After Transaction: Common Stock, $.01 Par Value — 6,552 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 729 shares Tax obligations on vesting of restricted shares
Indicated value per share $275.53 per share Value used for 729-share tax withholding
Shares held after transaction 6,552 shares Direct Cigna common stock holdings post-withholding
restricted shares financial
"Represents shares withheld to satisfy tax obligations upon vesting of restricted shares."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
tax obligations financial
"Represents shares withheld to satisfy tax obligations upon vesting of restricted shares."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Koka Durga Prasad

(Last)(First)(Middle)
900 COTTAGE GROVE RD

(Street)
BLOOMFIELD CONNECTICUT 06002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Cigna Group [ CI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $.01 Par Value06/01/2026F729(1)D$275.536,552D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy tax obligations upon vesting of restricted shares.
Remarks:
Tyler Gratton, attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Cigna (CI) report for EVP Durga Prasad Koka?

Cigna reported that EVP and Global CIO Durga Prasad Koka had 729 common shares withheld to cover taxes upon restricted share vesting. This Form 4 shows a tax-withholding disposition, not an open-market purchase or sale of Cigna stock.

Was the Cigna (CI) EVP’s Form 4 transaction an open-market stock sale?

No, the Form 4 describes shares withheld to satisfy tax obligations on restricted share vesting. The 729 Cigna common shares were not sold in the market but used to pay taxes automatically tied to equity compensation.

How many Cigna (CI) shares were withheld for taxes in this filing?

The filing shows 729 Cigna common shares withheld at an indicated value of $275.53 per share. These shares covered the executive’s tax obligations arising from the vesting of restricted shares awarded as part of compensation.

How many Cigna (CI) shares does EVP Durga Prasad Koka hold after the transaction?

Following the tax-withholding disposition, EVP Durga Prasad Koka directly holds 6,552 Cigna common shares. This post-transaction balance reflects his remaining equity position after 729 vested shares were withheld to satisfy related tax liabilities.

What does transaction code F mean in the Cigna (CI) Form 4 filing?

Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this Cigna Form 4, it reflects 729 common shares withheld from an executive’s restricted share vesting to cover owed taxes, not a discretionary market trade.