Cognizant (CTSH) Form 144 details planned sale of 12,000 common shares
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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Key Figures
Shares proposed for sale: 12,000 shares
Aggregate market value: $664,200.00
Performance Stock Units shares: 943 shares
+2 more
5 metrics
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
Key Terms
Form 144, Performance Stock Units, Restricted Stock Units
3 terms
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.
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.