CIGNA GROUP, DEF 14A filed on 3/13/2026
Proxy Statement (definitive)
v3.25.4
Cover
12 Months Ended
Dec. 31, 2025
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name The Cigna Group
Entity Central Index Key 0001739940
v3.25.4
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
uS_Dollar_Per_Share
Dec. 31, 2024
USD ($)
uS_Dollar_Per_Share
Dec. 31, 2023
USD ($)
uS_Dollar_Per_Share
Dec. 31, 2022
USD ($)
uS_Dollar_Per_Share
Dec. 31, 2021
USD ($)
uS_Dollar_Per_Share
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Summary
Compensation
Table Total for
Mr. Cordani
($)
Compensation
Actually Paid to Mr. Cordani(1)
($)
Average Summary
Compensation
Table Total for NEOs (other than
Mr. Cordani)(2)
($)
Average
Compensation
Actually Paid to NEOs (other than
Mr. Cordani)(1)(2)
($)
Value of Initial Fixed
$100 Investment
Based On:
Net
Income(4)
(in millions)
($)
Company-Selected Measure:
Adjusted Income from Operations,
per Share(5)
($)
Fiscal
Year
Company
TSR
($)
Peer
Group
TSR(3)
($)
(b)(c)(d)(e)(f)(g)(h)(i)
202522,866,13414,585,3036,860,0042,751,809144.513148.3625,95729.84
202423,251,09618,908,4738,072,9366,681,678142.071129.4643,43427.33
202321,047,2558,072,6736,801,3293,510,666151.573126.2105,16425.09
202220,965,50457,388,9946,346,55215,496,862164.705123.6666,70423.36
202119,872,26615,448,9067,164,2155,229,367112.290126.1315,37020.48
       
Company Selected Measure Name adjusted income from operations, per share        
Named Executive Officers, Footnote The NEOs represented in columns (d) and (e) for each year reported are as follows:
2025: Ann M. Dennison, Brian C. Evanko, Nicole S. Jones. Everett Neville, Eric P. Palmer, and Noelle K. Eder
2024: Brian C. Evanko, Noelle K. Eder, Nicole S. Jones, and Eric P. Palmer
2023: Brian C. Evanko, Noelle K. Eder, Nicole S. Jones, and Eric P. Palmer
2022: Brian C. Evanko, Noelle K. Eder, Nicole S. Jones, and Eric P. Palmer
2021: Brian C. Evanko, Nicole S. Jones, Eric P. Palmer. Timothy Wentworth, and Matthew Manders
       
Peer Group Issuers, Footnote Peer Group reflects published data for the S&P 500 Health Care Index.        
PEO Total Compensation Amount $ 22,866,134 $ 23,251,096 $ 21,047,255 $ 20,965,504 $ 19,872,266
PEO Actually Paid Compensation Amount $ 14,585,303 18,908,473 8,072,673 57,388,994 15,448,906
Adjustment To PEO Compensation, Footnote In accordance with SEC rules, certain amounts are deducted from, or added to, the Total column of the Summary Compensation Table to determine Compensation Actually Paid for 2025.
Summary Compensation Table Total
($)
Stock Award Deductions from Summary Compensation
Table Total(i)
($)
Change in Pension Present Value Deduction
from Summary
Compensation
Table Total(ii)
($)
Stock Award Additions to Summary Compensation Table Total(iii)
($)
Compensation Actually Paid
($)
David M. Cordani
22,866,134(17,329,180)(97,562)9,145,91114,585,303
Average Non-PEO NEOs
6,860,004(4,380,162)0271,9672,751,809
(i)Represents the grant date fair value of equity-based awards granted in 2025.
(ii)Represents the change in the actuarial present value of the accumulated benefits under defined benefit and pension plans reported in the Summary Compensation Table. The Cigna Pension Plan, Cigna Supplemental Pension Plan, and Cigna Supplemental Pension Plan of 2005 are frozen, and there were no additional service costs or any impact on prior-year benefits related to the pension plans during 2024.
(iii)Reflects the value of equity calculated in accordance with the SEC methodology for determining Compensation Actually Paid, as follows:
Mr. Cordani’s Compensation Actually Paid Equity Valuation for 2025
Award Type
Fair Value of Awards Granted in Current Year
Outstanding
and Unvested
as of 12/31/2025
($)
Change in
Fair Value of
Outstanding
and Unvested
Prior Year
Awards as of
12/31/2025
($)
Change in
Fair Value of
Awards that
Vested in 2025
($)
Fair Value
of Awards
Forfeited or
Cancelled in
2025
($)
Equity Value in
Compensation
Actually Paid
($)
(a)(b)(c)(d)(e) = (a) + (b) + (c) - (d)
Stock Options2,323,905(252,499)969,36603,040,772
Restricted Stock3,059,732(9,317)332,53703,382,952
Strategic Perf Shares6,441,297(5,188,378)1,469,26802,722,187
Total11,824,934(5,450,194)2,771,17109,145,911
Average non-PEO NEOs Compensation Actually Paid Equity Valuation for 2025
Award Type
Fair Value of Awards Granted in Current Year
Outstanding
and Unvested
as of 12/31/2025
($)
Change in
Fair Value of
Outstanding
and Unvested
Prior Year
Awards as of
12/31/2025
($)
Change in
Fair Value of
Awards that
Vested in 2025
($)
Fair Value
of Awards
Forfeited or
Cancelled in
2025
($)
Equity Value in
Compensation
Actually Paid
($)
(a)(b)(c)(d)(e) = (a) + (b) + (c) - (d)
Stock Options479,898(56,768)265,541146,125542,546
Restricted Stock
631,836(2,090)92,350204,021518,075
Strategic Perf Shares770,992(672,638)255,9781,142,986(788,654)
Total1,882,726(731,496)613,8691,493,132271,967
       
Non-PEO NEO Average Total Compensation Amount $ 6,860,004 8,072,936 6,801,329 6,346,552 7,164,215
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,751,809 6,681,678 3,510,666 15,496,862 5,229,367
Adjustment to Non-PEO NEO Compensation Footnote In accordance with SEC rules, certain amounts are deducted from, or added to, the Total column of the Summary Compensation Table to determine Compensation Actually Paid for 2025.
Summary Compensation Table Total
($)
Stock Award Deductions from Summary Compensation
Table Total(i)
($)
Change in Pension Present Value Deduction
from Summary
Compensation
Table Total(ii)
($)
Stock Award Additions to Summary Compensation Table Total(iii)
($)
Compensation Actually Paid
($)
David M. Cordani
22,866,134(17,329,180)(97,562)9,145,91114,585,303
Average Non-PEO NEOs
6,860,004(4,380,162)0271,9672,751,809
(i)Represents the grant date fair value of equity-based awards granted in 2025.
(ii)Represents the change in the actuarial present value of the accumulated benefits under defined benefit and pension plans reported in the Summary Compensation Table. The Cigna Pension Plan, Cigna Supplemental Pension Plan, and Cigna Supplemental Pension Plan of 2005 are frozen, and there were no additional service costs or any impact on prior-year benefits related to the pension plans during 2024.
(iii)Reflects the value of equity calculated in accordance with the SEC methodology for determining Compensation Actually Paid, as follows:
Mr. Cordani’s Compensation Actually Paid Equity Valuation for 2025
Award Type
Fair Value of Awards Granted in Current Year
Outstanding
and Unvested
as of 12/31/2025
($)
Change in
Fair Value of
Outstanding
and Unvested
Prior Year
Awards as of
12/31/2025
($)
Change in
Fair Value of
Awards that
Vested in 2025
($)
Fair Value
of Awards
Forfeited or
Cancelled in
2025
($)
Equity Value in
Compensation
Actually Paid
($)
(a)(b)(c)(d)(e) = (a) + (b) + (c) - (d)
Stock Options2,323,905(252,499)969,36603,040,772
Restricted Stock3,059,732(9,317)332,53703,382,952
Strategic Perf Shares6,441,297(5,188,378)1,469,26802,722,187
Total11,824,934(5,450,194)2,771,17109,145,911
Average non-PEO NEOs Compensation Actually Paid Equity Valuation for 2025
Award Type
Fair Value of Awards Granted in Current Year
Outstanding
and Unvested
as of 12/31/2025
($)
Change in
Fair Value of
Outstanding
and Unvested
Prior Year
Awards as of
12/31/2025
($)
Change in
Fair Value of
Awards that
Vested in 2025
($)
Fair Value
of Awards
Forfeited or
Cancelled in
2025
($)
Equity Value in
Compensation
Actually Paid
($)
(a)(b)(c)(d)(e) = (a) + (b) + (c) - (d)
Stock Options479,898(56,768)265,541146,125542,546
Restricted Stock
631,836(2,090)92,350204,021518,075
Strategic Perf Shares770,992(672,638)255,9781,142,986(788,654)
Total1,882,726(731,496)613,8691,493,132271,967
       
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid Versus Company TSR and Peer Group TSR
Over the five-year period (2021–2025), the Company’s cumulative TSR grew by 44.5%. Over the same period, cumulative TSR for the S&P 500 Health Care Index grew by 48.4%. Over this same period, Compensation Actually Paid for the PEO and the average of other NEOs decreased by 5.6% and 48.3%, respectively. Over the five-year period, Mr. Cordani’s and the other NEOs’ Compensation Actually Paid amounts were generally aligned with the Company’s TSR as compared to the S&P 500 Health Care Index TSR. This is due primarily to the Company’s use of equity incentives, which are tied directly to the Company’s stock price and financial performance on an absolute basis and relative to its peers. In addition, 50% of an SPS award’s payout is aligned to relative TSR performance as compared to a custom peer group as described in the CD&A within the section titled “Executive Compensation Policies and Practices.” The average Compensation Actually Paid for the non-PEO NEOs was also impacted by forfeitures of equity awards by NEOs that did not serve as executive officers on December 31, 2025.
The graph below compares The Cigna Group cumulative TSR to the S&P 500 Index and the S&P 500 Health Care Index for the five-year period ended December 31, 2025, which we believe provides a more complete understanding of the Company’s market performance given the longer time horizon. The stock performance shown in the graph is not intended to forecast or be indicative of future performance.
6455
*Assumes that the value of the investment in The Cigna Group common stock and each index was $100 on December 31, 2020 and that all dividends were reinvested.
       
Compensation Actually Paid vs. Net Income
Compensation Actually Paid Versus Net Income
Over the five-year period (2021–2025), the Company’s net income increased by approximately 11%. Over this same period, Compensation Actually Paid for the PEO and the average of other NEOs decreased by 5.6% and 48.3%, respectively. This is due to the following:
the significant emphasis the Company places on equity incentives, which are more sensitive to absolute stock price performance and stock price performance relative to peers;
the forfeiture of certain equity awards during 2025 by non-PEO NEOs who did not serve as executive officers on December 31, 2025; and
the fact that the Company does not use year-over-year changes in net income to determine compensation levels or incentive plan payouts. Instead, adjusted income from operations and adjusted income from operations, per share have been the Company’s income measures of performance in its incentive plans and the Company’s most important performance measures for determining compensation.
       
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid Versus Adjusted Income from Operations per Share
Over the five-year period (2021–2025), the Company’s adjusted income from operations, per share grew by 45.7%. Over this same period, Compensation Actually Paid for the PEO and the average of other NEOs decreased by 5.6% and 48.3%, respectively. Similar to the discussion of the relationship between Compensation Actually Paid and Company/Peer Group TSR above, Mr. Cordani and other NEOs’ Compensation Actually Paid amounts were generally aligned with the Company’s adjusted income from operations, per share results over the five-year reporting period. Long-term goals tied to adjusted income from operations, per share account for 50% of each SPS award’s total payout. Final results for adjusted income from operations, per share in years 2021, 2022, 2023, and 2024 relative to internal goals established at the beginning of each SPS award’s performance measurement period contributed to the Compensation Actually Paid values for Mr. Cordani and other NEOs seen in 2025. The average Compensation Actually Paid for the non-PEO NEOs was also impacted by forfeitures of equity awards by NEOs that did not serve as executive officers on December 31, 2025.
       
Total Shareholder Return Vs Peer Group
Compensation Actually Paid Versus Company TSR and Peer Group TSR
Over the five-year period (2021–2025), the Company’s cumulative TSR grew by 44.5%. Over the same period, cumulative TSR for the S&P 500 Health Care Index grew by 48.4%. Over this same period, Compensation Actually Paid for the PEO and the average of other NEOs decreased by 5.6% and 48.3%, respectively. Over the five-year period, Mr. Cordani’s and the other NEOs’ Compensation Actually Paid amounts were generally aligned with the Company’s TSR as compared to the S&P 500 Health Care Index TSR. This is due primarily to the Company’s use of equity incentives, which are tied directly to the Company’s stock price and financial performance on an absolute basis and relative to its peers. In addition, 50% of an SPS award’s payout is aligned to relative TSR performance as compared to a custom peer group as described in the CD&A within the section titled “Executive Compensation Policies and Practices.” The average Compensation Actually Paid for the non-PEO NEOs was also impacted by forfeitures of equity awards by NEOs that did not serve as executive officers on December 31, 2025.
The graph below compares The Cigna Group cumulative TSR to the S&P 500 Index and the S&P 500 Health Care Index for the five-year period ended December 31, 2025, which we believe provides a more complete understanding of the Company’s market performance given the longer time horizon. The stock performance shown in the graph is not intended to forecast or be indicative of future performance.
6455
*Assumes that the value of the investment in The Cigna Group common stock and each index was $100 on December 31, 2020 and that all dividends were reinvested.
       
Total Shareholder Return Amount $ 144.513 142.071 151.573 164.705 112.29
Peer Group Total Shareholder Return Amount 148.362 129.464 126.21 123.666 126.131
Net Income (Loss) $ 5,957,000,000 $ 3,434,000,000 $ 5,164,000,000 $ 6,704,000,000 $ 5,370,000,000
Company Selected Measure Amount | uS_Dollar_Per_Share 29.84 27.33 25.09 23.36 20.48
PEO Name David M. Cordani        
Additional 402(v) Disclosure Reflects “Shareholders’ Net Income” per SEC requirements.        
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Income from Operations        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Revenues        
Measure:: 3          
Pay vs Performance Disclosure          
Name Growth in Specialty Pharmacy Prescriptions        
Measure:: 4          
Pay vs Performance Disclosure          
Name Relative Total Shareholder Return        
Measure:: 5          
Pay vs Performance Disclosure          
Name Adjusted Income from Operations, per Share        
Non-GAAP Measure Description For purposes of this section, we have identified adjusted income from operations, per share as our Company-Selected Measure, the calculation of which is described in our Annual Report on Form 10-K for the year ended December 31, 2025. Additional information regarding our use of non-GAAP measures and reconciliations to the most directly comparable GAAP measure can be found on Annex A.        
Measure:: 6          
Pay vs Performance Disclosure          
Name Customer & Patient Satisfaction        
Measure:: 7          
Pay vs Performance Disclosure          
Name Employee Engagement        
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (97,562)        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (17,329,180)        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,145,911        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 11,824,934        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (5,450,194)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,771,171        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 2,323,905        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (252,499)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 969,366        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 0        
PEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 3,040,772        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 3,059,732        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (9,317)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 332,537        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 0        
PEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 3,382,952        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 6,441,297        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (5,188,378)        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 1,469,268        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 0        
PEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 2,722,187        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,380,162)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 271,967        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,882,726        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (731,496)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 613,869        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,493,132        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 479,898        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (56,768)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 265,541        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 146,125        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Stock Options [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 542,546        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 631,836        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (2,090)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 92,350        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 204,021        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Restricted Stock [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 518,075        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 770,992        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards (672,638)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 255,978        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards 1,142,986        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in the Compensation Table, Strategic Perf Shares [Member]          
Pay vs Performance Disclosure          
Adjustment To Compensation Amount, Equity Awards $ (788,654)        
v3.25.4
Award Timing Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
shares
$ / shares
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
Policies and Practices Related to the Grant of Certain Equity Awards Close in Time to the Release of Material Non-Public Information
In March 2024, we adopted an Equity Grant Policy whereby all grants of Company securities to employees and consultants under our equity compensation plans, including option awards, shall be made on the next succeeding “Grant Date” after the date the Company has determined to issue the grant. Each of March 1, June 1, September 1, and December 1 are “Grant Dates” under the Equity Grant Policy, and if the Grant Date is not a business day, then the award shall be made on the business day immediately preceding the applicable Grant Date. While the policy provides that grants of options, stock appreciation rights, and similar instruments with option-like features shall not be timed in connection with the release of material non-public information, any grant of such awards made pursuant to the aforementioned “Grant Date” policy will not be deemed to violate the policy. Finally, the Equity Grant Policy permits our Board and/or the Committee the sole discretion to grant Company securities at a time other than as set forth above in extraordinary circumstances.
Option Award Disclosure
The following table contains information required by Item 402(x)(2) of Regulation S-K regarding stock options granted to our NEOs in fiscal year 2025 during the period from four business days before to one business day after the filing of the Company’s periodic reports on Forms 10-K and 10-Q or current reports on Forms 8-K that contained material nonpublic information with the SEC under the Exchange Act. These awards were granted at a routine meeting of the Committee in accordance with our Equity Grant Policy.
Name
Grant date
Number of securities underlying the award
Exercise price of the award
($/Sh)
Grant date fair value of the award
Percentage change in the closing market price of the securities underlying the award between the trading day immediately prior to the disclosure of material nonpublic information and the trading day beginning immediately following the disclosure of material nonpublic information
David M. Cordani2/28/202539,476$305.855$3,400,019(0.62)%
Ann M. Dennison2/28/20255,806$305.855$500,064(0.62)%
Brian C. Evanko2/28/202519,158$305.855$1,650,055(0.62)%
Nicole S. Jones2/28/202511,176$305.855$962,575(0.62)%
Everett Neville2/28/20256,386$305.855$550,018(0.62)%
Eric P. Palmer2/28/202519,158$305.855$1,650,055(0.62)%
Noelle K. Eder2/28/202511,176$305.855$962,575(0.62)%
Award Timing Method In March 2024, we adopted an Equity Grant Policy whereby all grants of Company securities to employees and consultants under our equity compensation plans, including option awards, shall be made on the next succeeding “Grant Date” after the date the Company has determined to issue the grant. Each of March 1, June 1, September 1, and December 1 are “Grant Dates” under the Equity Grant Policy, and if the Grant Date is not a business day, then the award shall be made on the business day immediately preceding the applicable Grant Date. While the policy provides that grants of options, stock appreciation rights, and similar instruments with option-like features shall not be timed in connection with the release of material non-public information, any grant of such awards made pursuant to the aforementioned “Grant Date” policy will not be deemed to violate the policy. Finally, the Equity Grant Policy permits our Board and/or the Committee the sole discretion to grant Company securities at a time other than as set forth above in extraordinary circumstances.
Award Timing Predetermined true
Award Timing MNPI Considered true
Award Timing, How MNPI Considered While the policy provides that grants of options, stock appreciation rights, and similar instruments with option-like features shall not be timed in connection with the release of material non-public information, any grant of such awards made pursuant to the aforementioned “Grant Date” policy will not be deemed to violate the policy. Finally, the Equity Grant Policy permits our Board and/or the Committee the sole discretion to grant Company securities at a time other than as set forth above in extraordinary circumstances.
MNPI Disclosure Timed for Compensation Value false
Awards Close in Time to MNPI Disclosures, Table
Name
Grant date
Number of securities underlying the award
Exercise price of the award
($/Sh)
Grant date fair value of the award
Percentage change in the closing market price of the securities underlying the award between the trading day immediately prior to the disclosure of material nonpublic information and the trading day beginning immediately following the disclosure of material nonpublic information
David M. Cordani2/28/202539,476$305.855$3,400,019(0.62)%
Ann M. Dennison2/28/20255,806$305.855$500,064(0.62)%
Brian C. Evanko2/28/202519,158$305.855$1,650,055(0.62)%
Nicole S. Jones2/28/202511,176$305.855$962,575(0.62)%
Everett Neville2/28/20256,386$305.855$550,018(0.62)%
Eric P. Palmer2/28/202519,158$305.855$1,650,055(0.62)%
Noelle K. Eder2/28/202511,176$305.855$962,575(0.62)%
David M. Cordani [Member]  
Awards Close in Time to MNPI Disclosures  
Name David M. Cordani
Underlying Securities | shares 39,476
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 3,400,019
Underlying Security Market Price Change (0.0062)
Ann M. Dennison [Member]  
Awards Close in Time to MNPI Disclosures  
Name Ann M. Dennison
Underlying Securities | shares 5,806
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 500,064
Underlying Security Market Price Change (0.0062)
Brian C. Evanko [Member]  
Awards Close in Time to MNPI Disclosures  
Name Brian C. Evanko
Underlying Securities | shares 19,158
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 1,650,055
Underlying Security Market Price Change (0.0062)
Nicole S. Jones [Member]  
Awards Close in Time to MNPI Disclosures  
Name Nicole S. Jones
Underlying Securities | shares 11,176
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 962,575
Underlying Security Market Price Change (0.0062)
Everett Neville [Member]  
Awards Close in Time to MNPI Disclosures  
Name Everett Neville
Underlying Securities | shares 6,386
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 550,018
Underlying Security Market Price Change (0.0062)
Eric P. Palmer [Member]  
Awards Close in Time to MNPI Disclosures  
Name Eric P. Palmer
Underlying Securities | shares 19,158
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 1,650,055
Underlying Security Market Price Change (0.0062)
Noelle K. Eder [Member]  
Awards Close in Time to MNPI Disclosures  
Name Noelle K. Eder
Underlying Securities | shares 11,176
Exercise Price | $ / shares $ 305.855
Fair Value as of Grant Date | $ $ 962,575
Underlying Security Market Price Change (0.0062)
v3.25.4
Insider Trading Policies and Procedures
12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true