STOCK TITAN

Cognizant (CTSH) director Vinita Bali receives new RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

COGNIZANT TECHNOLOGY SOLUTIONS CORP director Vinita Bali received a small grant of restricted stock units through dividend equivalent rights on previously outstanding awards. She acquired 14.6635 restricted stock units, bringing her directly held restricted stock unit balance to 2,901.6140 units. Each unit represents a contingent right to receive one share of the company’s Class A common stock, and these units will fully vest on June 3, 2026.

Positive

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Negative

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Insider Bali Vinita
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 14.664 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,901.614 shares (Direct)
Footnotes (1)
  1. Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company. The restricted stock units will vest fully on June 3, 2026.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bali Vinita

(Last) (First) (Middle)
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.

(Street)
TEANECK NJ 07666

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COGNIZANT TECHNOLOGY SOLUTIONS CORP [ CTSH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/26/2026 A(1) 14.6635 (2) (2) Class A Common Stock 14.6635 $0 2,901.614 D
Explanation of Responses:
1. Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.
2. The restricted stock units will vest fully on June 3, 2026.
Remarks:
/s/ Melissa Glass, on behalf of Vinita Bali, by Power of Attorney 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Cognizant (CTSH) director Vinita Bali report?

Vinita Bali reported acquiring restricted stock units in Cognizant through a grant tied to dividend equivalent rights. The filing shows a routine equity award rather than an open-market stock purchase or sale, reflecting ongoing participation in the company’s stock-based compensation programs.

How many restricted stock units did Vinita Bali receive in this Cognizant (CTSH) Form 4?

She received 14.6635 restricted stock units as part of dividend equivalent rights on existing awards. This incremental grant modestly increases her equity-based exposure to Cognizant without involving any cash purchase, aligning her compensation more closely with future Class A common stock performance.

What is Vinita Bali’s total Cognizant (CTSH) restricted stock unit holding after the transaction?

After this transaction, Vinita Bali directly holds 2,901.6140 restricted stock units in Cognizant. These units represent a contingent right to receive an equal number of Class A common shares, linking a portion of her compensation to the company’s long-term stock performance and value creation.

When do Vinita Bali’s newly granted Cognizant (CTSH) restricted stock units vest?

The newly granted restricted stock units will fully vest on June 3, 2026. Vesting means she will then be entitled to receive Cognizant Class A common shares for these units, assuming she satisfies any applicable service or other conditions through that date.

What does each Cognizant (CTSH) restricted stock unit represent for Vinita Bali?

Each restricted stock unit represents a contingent right to receive one share of Cognizant’s Class A common stock. The units are not shares until they vest, but they align the director’s incentives with shareholder interests through future stock ownership potential upon vesting.

Were the Cognizant (CTSH) restricted stock units granted to Vinita Bali tied to dividend equivalents?

Yes. The Form 4 notes these restricted stock units reflect dividend equivalent rights accrued on previously outstanding restricted stock units. This mechanism credits additional units in lieu of cash dividends, maintaining equivalent economic exposure compared to holding actual Cognizant shares.