Planned 5,000-share sale by Cognizant (NASDAQ: CTSH) stockholder
Rhea-AI Filing Summary
A holder of Cognizant Technology Solutions common stock filed a Form 144 notice of intent to sell 5,000 shares on NASDAQ, with an approximate aggregate value of $276,750.00 as of the filing. The planned sale is associated with equity awards including 4,758 Restricted Stock Units granted on February 15, 2025 and 242 Performance Stock Units granted on March 15, 2025.
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Key Figures
Planned shares to be sold: 5,000 shares
Approximate aggregate sale value: $276,750.00
RSUs referenced: 4,758 units
+3 more
6 metrics
Planned shares to be sold
5,000 shares
Common stock proposed for sale on NASDAQ
Approximate aggregate sale value
$276,750.00
Estimated value of 5,000 common shares
RSUs referenced
4,758 units
Restricted Stock Units granted on 02/15/2025
PSUs referenced
242 units
Performance Stock Units granted on 03/15/2025
Grant date for RSUs
02/15/2025
Date of Restricted Stock Unit grant listed as to be sold
Grant date for PSUs
03/15/2025
Date of Performance Stock Unit grant listed as to be sold
Key Terms
Form 144, Restricted Stock Units, Performance Stock Units, aggregate value
4 terms
Form 144 regulatory
"A holder of Cognizant Technology Solutions common stock filed a Form 144 notice"
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.
Restricted Stock Units financial
"Common | 02/15/2025 | 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.
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.
aggregate value financial
"5,000 shares on NASDAQ, with an approximate aggregate value of $276,750.00"
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 5,000 shares of Cognizant common stock on NASDAQ, with an approximate aggregate value of $276,750.00, by a stockholder using a brokerage firm.