George Kurian - 31 Aug 2023 Form 4 Insider Report for Cigna Group (CI)

Role: Director
Signature: Kevin Ciaglo, attorney-in-fact
Issuer symbol: CI
Transactions as of: 31 Aug 2023
Net transactions value: +$30,000
Form type: 4
Filing time: 01 Sep 2023, 19:00:59 UTC
Previous filing: 17 Aug 2023
Next filing: 14 Sep 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CI	Phantom Stock Units	Award	$30,000	+109	+16%	$276.26	781	31 Aug 2023	Common Stock, $.01 Par Value	109		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation ("Deferral Plan"), directors may elect to defer the payment of the cash and/or common stock portion of their retainers beyond the designated payment date. The phantom stock units described in Table II represent the voluntary deferral of a portion of the reporting person's cash retainer into the hypothetical stock fund under the Deferral Plan. Each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock and will be settled in cash.
F2	Includes 3.4824 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferral Plan.

Content

Under the Deferred Compensation Plan of 2005 for Directors of Cigna Corporation ("Deferral Plan"), directors may elect to defer the payment of the cash and/or common stock portion of their retainers beyond the designated payment date. The phantom stock units described in Table II represent the voluntary deferral of a portion of the reporting person's cash retainer into the hypothetical stock fund under the Deferral Plan. Each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock and will be settled in cash.

Includes 3.4824 phantom stock units acquired pursuant to a dividend reinvestment feature of the Deferral Plan.