Cigna CEO David Cordani sold 55,176 shares on Jan. 21, at an average price of $230 per share, according to filings with the Securities and Exchange Commission and Yahoo Finance.
The total sale was valued at about $12.7 million. Mr. Cordani also sold 55,280 shares of stock on Jan. 12 at an average price of $225, according to Yahoo Finance.
Other executives within the company have been selling shares as well. Timothy Wentworth, the CEO of Cigna's Evernorth business, sold 3,849 shares on Dec. 28 at an average price of $202.63.