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Cognizant (CTSH) Form 144 details planned sale of 12,000 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Cognizant Technology Solutions (CTSH) received a Form 144 notice covering a proposed sale of 12,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares have an aggregate market value of $664,200.00 and are associated with equity awards, including performance stock units and restricted stock units granted on earlier dates.

Positive

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Negative

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Shares proposed for sale 12,000 shares Common stock covered by the Form 144 notice
Aggregate market value $664,200.00 Stated market value of the 12,000 shares
Performance Stock Units shares 943 shares Common stock from Performance Stock Units dated 03/15/2025
Restricted Stock Units shares 11,057 shares Common stock from Restricted Stock Units dated 12/01/2024
Proposed sale date 08/03/2026 Date associated with the Form 144 securities information
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Performance Stock Units financial
"Common | 03/15/2025 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"Common | 12/01/2024 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Form 144 filing for CTSH disclose?

The Form 144 for CTSH discloses a planned sale of 12,000 shares of Cognizant common stock, with an aggregate market value of $664,200.00, to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many CTSH shares are proposed to be sold under this Form 144?

The notice contemplates the potential sale of 12,000 shares of Cognizant common stock. These shares are tied to prior equity awards, including performance stock units and restricted stock units, that have been previously granted by the issuer.

What is the aggregate market value of the CTSH shares in this Form 144?

The planned sale involves Cognizant common stock with an aggregate market value of $664,200.00. This figure reflects the filer’s stated market value for the 12,000 shares covered by the notice of proposed sale.

Which broker is handling the proposed CTSH share sale?

The proposed sale of CTSH common stock is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as listed in the filing.

What equity awards are linked to the CTSH shares in this Form 144?

The shares relate to Performance Stock Units dated 03/15/2025 covering 943 shares, and Restricted Stock Units dated 12/01/2024 covering 11,057 shares, both issued by Cognizant as equity compensation.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature