Bryan Holgerson, President of Cigna Healthcare U.S. and EVP of Customer Health Outcomes at The Cigna Group, filed a Form 4 on August 20, 2026, disclosing three acquisitions of phantom stock units and an existing indirect beneficial ownership position in common stock through the company's 401(k) plan.

Key Highlights

  • Reporting person: Bryan Holgerson, President, Cigna Healthcare U.S. and EVP, Customer Health Outcomes at The Cigna Group (NYSE:CI)
  • Three phantom stock unit acquisitions: 0.8873 units on 07/09/2026 at $291.80, 0.9458 units on 07/23/2026 at $286.29, and 0.9837 units on 08/06/2026 at $275.25
  • Total phantom stock units held following transactions: 944.6253, held directly
  • Indirect common stock holding: 735.9274 shares held indirectly through The Cigna Group's 401(k) Plan
  • Phantom stock settlement: Each unit is the economic equivalent of one share of common stock and will be settled in cash under The Cigna Group Executive Deferred Compensation Plan

Bryan Holgerson's Phantom Stock Unit Activity Under Cigna's Deferred Compensation Plan

According to the filing, Bryan Holgerson acquired phantom stock units on three separate dates under The Cigna Group Executive Deferred Compensation Plan. On July 9, 2026, he acquired 0.8873 units at a price of $291.80, bringing his total to 942.6958 units. On July 23, 2026, he acquired 0.9458 units at $286.29, increasing his total to 943.6416 units. On August 6, 2026, he acquired 0.9837 units at $275.25, resulting in a final reported total of 944.6253 phantom stock units held directly.

The filing explains that each phantom stock unit is the economic equivalent of one share of The Cigna Group's common stock, par value $0.01 per share, and will be settled in cash in accordance with the terms of the Executive Deferred Compensation Plan. The filing also notes that Holgerson may transfer his interests in The Cigna Group stock fund into an alternative investment fund. All three acquisition transactions are coded as "A" (acquired) in Table II of the filing.

In Table I, the filing discloses that Holgerson holds 735.9274 shares of common stock indirectly through The Cigna Group's 401(k) Plan. No transaction date, transaction code, or price is associated with this position in the filing, as it reflects ongoing participation in the plan. The Form 4 was signed by Tyler Gratton, attorney-in-fact, and filed on August 20, 2026.

What Was Disclosed

The filing disclosed three small acquisitions of phantom stock units by a senior Cigna Group officer under the company's Executive Deferred Compensation Plan, along with an existing indirect common stock position held through the company's 401(k) Plan.