Cognyte (CGNT) CFO lists 1,026,792 shares, PSUs and RSUs vesting to 2028
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cognyte Software Ltd.’s Chief Financial Officer David Abadi filed a Form 3 showing beneficial ownership of 1,026,792 Ordinary Shares, held directly. This total includes performance share units and restricted share units that will settle into Ordinary Shares as they vest between 2026 and 2028.
The holdings comprise 172,532 Ordinary Shares represented by PSUs granted on March 26, 2024, which will vest on April 11, 2026, and multiple blocks of RSUs: 18,334 shares vesting May 10, 2026, 46,291 shares vesting in three tranches from March 2026 to March 2027, 76,885 shares vesting in five tranches from March 2026 to March 2028, and 90,305 shares vesting in six semi-annual installments over three years from March 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abadi David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,026,792 shares (Direct)
Footnotes (1)
- Includes 172,532 Ordinary Shares that are represented by performance share units ("PSUs") that were granted on March 26, 2024, for which the performance condition has been met and which will vest on April 11, 2026. Each PSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. Includes 18,334 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on July 26, 2023, all of which vest on May 10, 2026. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. Includes 46,291 Ordinary Shares that are represented by RSUs that were granted on March 26, 2024, of which 15,430 vest on March 26, 2026, 15,430 vest on September 26, 2026 and 15,431 vest on March 26, 2027. Includes 76,885 Ordinary Shares that are represented by RSUs that were granted on March 24, 2025, of which 15,377 vest on March 24, 2026, 15,377 vest on September 24, 2026, 15,377 vest on March 24, 2027, 15,377 vest on September 24, 2027 and 15,377 vest on March 24, 2028. Includes 90,305 Ordinary Shares that are represented by RSUs that were granted on March 16, 2026, and which vest in six semi-annual installments beginning six months after the grant date over three years.
FAQ
What does Cognyte (CGNT) CFO David Abadi report in his Form 3 filing?
David Abadi reports beneficial ownership of 1,026,792 Ordinary Shares of Cognyte. This includes time-based and performance-based equity awards that convert into shares as they vest between 2026 and 2028, reflecting his total direct ownership position.
Over what period will David Abadi’s Cognyte (CGNT) RSUs and PSUs vest?
His PSUs and RSUs vest from April 11, 2026 through March 24, 2028. Grants vest in single, semi-annual, or annual installments, creating a multi-year schedule that gradually converts these awards into Cognyte Ordinary Shares upon each vesting date.