Cognizant (CTSH) director Vinita Bali receives new RSU grant
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
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.