Kates Jamie G 4
4 · Cigna Group · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Cigna (CI) CAO Jamie Kates Exercises Options, Sells 899 Shares
What Happened
- Jamie G. Kates, Chief Accounting Officer of Cigna Group (CI), exercised 899 stock options at $152.89 per share (cost ~$137,452) on 2026-06-12 and immediately sold the 899 shares in an open-market transaction at $298.61 per share for gross proceeds of ~$268,452.
- The filing shows an M (option exercise/conversion) for the acquisition, an S for the sale, and a derivative disposition entry reflecting the option conversion.
Key Details
- Transaction date: 2026-06-12.
- Exercise: 899 shares @ $152.89, acquisition value reported $137,452.
- Sale: 899 shares @ $298.61, gross proceeds reported $268,452.
- Derivative entry: 899-option disposal at $0 reflecting the exercised option.
- Footnote: The option was granted 2/28/2018 and vested in three equal annual installments beginning 2/28/2019 (per F1).
- Shares owned after transaction: Not reported in this Form 4.
- Filing date: 2026-06-16 (filed within the typical two-business-day window).
Context
- This is a common cashless exercise: options were exercised and the resulting shares were sold the same day. Such transactions often reflect routine liquidity or tax withholding rather than an explicit signal about company outlook.
Insider Transaction Report
Form 4
Kates Jamie G
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock, $.01 Par Value
2026-06-12$152.89/sh+899$137,452→ 3,267 total - Sale
Common Stock, $.01 Par Value
2026-06-12$298.61/sh−899$268,452→ 2,368 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F1]2026-06-12−899→ 0 totalExercise: $152.89From: 2019-02-28Exp: 2028-03-07→ Common Stock, $.01 Par Value (899 underlying)
Footnotes (1)
- [F1]This option was granted on February 28, 2018. The option vested in three equal annual installments starting on February 28, 2019.
Signature
Tyler Gratton, attorney-in-fact|2026-06-16