David Cordani, CEO of Bloomfield, Conn.-based Cigna, sold 153,168 company stocks June 19 for a total of $26.1 million, according to a Nasdaq report.
The shares sold for an average price of $170.18 per stock.
In addition, five other Cigna executives sold stocks within the past month, for a combined $1.9 million, roughly.
- Michael Triplett, president of U.S. markets, sold 1,439 shares of stock at the average price of $166.89 for about $240,154.
- William Zollars, director, sold 1,923 shares at the average price of $166.55 for about $320,275.
- Mary Hoeltzel, vice president and chief accounting officer, sold 500 shares at the average price of $166.70 for about $83,350.
- Jason Sadler, president of international markets, sold 1,727 shares at the average price of $164.59 for about $284,246.
- Matthew Manders, president of government and individual program and group policies, sold 6,000 shares at the average price of $165 for about $990,000.
More articles on payer issues:
4 things to know about BCBSA's 2016 community health investments
Aetna moving HQs to attract 'younger people, innovation'
Cigna CEO: 2017 growth could involve Medicare Advantage deals