What the executives and directors of Cigna actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Cordani David Chairman & CEO | CEO | 207.7K | $1000K | $59.1M |
| Palmer Eric P See Remarks | Officer | 71.7K | — | — |
| Triplett Michael W Special Advisor | Officer | 47.1K | — | — |
| FOSS ERIC J | Director | 36.7K | — | — |
| Jones Nicole S See Remarks | Officer | 34K | — | $9.2M |
| Evanko Brian C See Remarks | Officer | 33.7K | — | $1.6M |
| ZARCONE DONNA F | Director | 27.5K | — | — |
| WISEMAN ERIC C | Director | 23.9K | — | — |
| DeLaney William J III | Director | 20.2K | — | — |
| BRAILER DAVID J EVP & Chief Health Officer | Officer | 17.5K | — | — |
| Eder Noelle K See Remarks | Officer | 13.4K | — | — |
| Agoglia Hoeltzel Mary T SVP Tax & Chief Acct. Officer | Officer | 8,541 | — | — |
| DENNISON ANN M EVP, CFO | CFO | 8,154 | — | — |
| Ryan Cynthia EVP, CHRO | Officer | 7,575 | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-12 | Kates Jamie G (Officer) | Discretionary sale | 899 | $298.61 | $268K |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 2,017 | $296.84 | $599K |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 2,142 | $293.92 | $630K |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 2,231 | $298.53 | $666K |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 3,903 | $286.83 | $1.1M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 7,861 | $292.88 | $2.3M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 12.3K | $291.95 | $3.6M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 13.7K | $291.01 | $4M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 13.8K | $288.85 | $4M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 14.3K | $287.96 | $4.1M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 15.3K | $298.24 | $4.6M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 34.6K | $295.98 | $10.3M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 38.5K | $294.98 | $11.4M |
| 2026-05-12 | Cordani David (CEO) | Planned sale (10b5-1) | 41.1K | $290.00 | $11.9M |
| 2026-03-02 | Jones Nicole S (Officer) | Planned sale (10b5-1) | 2,307 | $288.91 | $667K |
| 2026-03-02 | Neville Everett (Officer) | Planned sale (10b5-1) | 1,719 | $288.91 | $497K |
| 2025-11-03 | Cordani David (CEO) | Open-market buy | 4,134 | $241.88 | $1000K |
| 2025-10-03 | Evanko Brian C (Officer) | Planned sale (10b5-1) | 5,368 | $300.00 | $1.6M |
| 2025-08-15 | Jones Nicole S (Officer) | Planned sale (10b5-1) | 28.5K | $300.00 | $8.6M |
| 2025-03-14 | Granger Elder (Director) | Planned sale (10b5-1) | 2,376 | $310.35 | $737K |
| 2025-03-07 | Eder Noelle K (Officer) | Planned sale (10b5-1) | 9,944 | $320.00 | $3.2M |
| 2025-03-03 | Cordani David (CEO) | Planned sale (10b5-1) | 26.5K | $308.12 | $8.2M |
| 2025-03-03 | Jones Nicole S (Officer) | Planned sale (10b5-1) | 4,904 | $308.12 | $1.5M |
| 2024-08-19 | DeLaney William J III (Director) | Planned sale (10b5-1) | 2,691 | $342.68 | $922K |
| 2024-08-12 | Jones Nicole S (Officer) | Planned sale (10b5-1) | 22K | $330.96 | $7.3M |
| 2024-08-12 | Triplett Michael W (Officer) | Planned sale (10b5-1) | 1,785 | $330.96 | $591K |
| 2024-08-12 | Triplett Michael W (Officer) | Planned sale (10b5-1) | 5,034 | $329.58 | $1.7M |
| 2024-06-24 | Evanko Brian C (Officer) | Planned sale (10b5-1) | 4,795 | $345.01 | $1.7M |
| 2024-06-17 | Granger Elder (Director) | Planned sale (10b5-1) | 547 | $331.38 | $181K |
| 2024-06-12 | Granger Elder (Director) | Planned sale (10b5-1) | 1,000 | $338.08 | $338K |
| 2024-05-14 | Agoglia Hoeltzel Mary T (Officer) | Discretionary sale | 5,946 | $348.71 | $2.1M |
| 2024-05-14 | Eder Noelle K (Officer) | Planned sale (10b5-1) | 10.7K | $348.47 | $3.7M |
| 2024-03-25 | Cordani David (CEO) | Planned sale (10b5-1) | 31.2K | $355.17 | $11.1M |
| 2024-03-22 | Cordani David (CEO) | Planned sale (10b5-1) | 6,338 | $355.11 | $2.3M |
| 2024-03-21 | Cordani David (CEO) | Planned sale (10b5-1) | 2,293 | $355.02 | $814K |
| 2024-03-13 | Cordani David (CEO) | Planned sale (10b5-1) | 789 | $345.67 | $273K |
| 2024-03-13 | Cordani David (CEO) | Planned sale (10b5-1) | 892 | $348.66 | $311K |
| 2024-03-13 | Cordani David (CEO) | Planned sale (10b5-1) | 4,972 | $346.88 | $1.7M |
| 2024-03-13 | Cordani David (CEO) | Planned sale (10b5-1) | 7,108 | $347.65 | $2.5M |
| 2024-03-12 | Cordani David (CEO) | Planned sale (10b5-1) | 2,238 | $345.00 | $772K |
| 2024-03-08 | Cordani David (CEO) | Planned sale (10b5-1) | 2,801 | $345.19 | $967K |
| 2024-03-07 | Cordani David (CEO) | Planned sale (10b5-1) | 600 | $346.65 | $208K |
| 2024-03-07 | Cordani David (CEO) | Planned sale (10b5-1) | 1,812 | $345.42 | $626K |
| 2024-03-04 | Cordani David (CEO) | Planned sale (10b5-1) | 19.3K | $332.62 | $6.4M |
| 2024-03-04 | Jones Nicole S (Officer) | Planned sale (10b5-1) | 4,436 | $332.62 | $1.5M |
| 2024-03-04 | Triplett Michael W (Officer) | Planned sale (10b5-1) | 1,953 | $332.62 | $650K |
| 2024-02-27 | Cordani David (CEO) | Planned sale (10b5-1) | 2,000 | $345.04 | $690K |
| 2024-02-26 | Cordani David (CEO) | Planned sale (10b5-1) | 100 | $347.14 | $35K |
| 2024-02-26 | Cordani David (CEO) | Planned sale (10b5-1) | 3,524 | $346.38 | $1.2M |
| 2024-02-26 | Cordani David (CEO) | Planned sale (10b5-1) | 6,829 | $345.34 | $2.4M |
| 2024-02-23 | Cordani David (CEO) | Planned sale (10b5-1) | 6,319 | $345.24 | $2.2M |
| 2024-02-13 | Palmer Eric P (Officer) | Discretionary sale | 6,083 | $340.00 | $2.1M |
| 2024-02-12 | Cordani David (CEO) | Planned sale (10b5-1) | 213 | $335.36 | $71K |
| 2024-02-12 | Cordani David (CEO) | Planned sale (10b5-1) | 644 | $337.37 | $217K |
| 2024-02-12 | Cordani David (CEO) | Planned sale (10b5-1) | 1,216 | $336.76 | $410K |
| 2024-02-09 | Cordani David (CEO) | Planned sale (10b5-1) | 38.1K | $335.22 | $12.8M |
| 2024-02-09 | Palmer Eric P (Officer) | Discretionary sale | 1,017 | $335.26 | $341K |
| 2024-02-07 | Agoglia Hoeltzel Mary T (Officer) | Discretionary sale | 4,867 | $330.48 | $1.6M |
| 2024-02-02 | Palmer Eric P (Officer) | Discretionary sale | 5,684 | $325.00 | $1.8M |
| 2023-08-29 | Ryan Cynthia (Officer) | Planned sale (10b5-1) | 3,768 | $282.22 | $1.1M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.