Cognizant director granted dividend-linked RSUs
Cognizant Technology Solutions director Karima Silvent reported an automatic equity accrual tied to existing awards.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cognizant Technology Solutions director Karima Silvent reported an automatic equity accrual tied to existing awards. On the reported date, Silvent acquired 14.6635 restricted stock units through dividend equivalent rights on previously outstanding restricted stock units, at a stated price of $0 per unit.
Each restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock. Following this accrual, Silvent directly holds a total of 2,901.6140 restricted stock units, which are scheduled to vest in full on June 3, 2026, subject to the applicable award terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14.6635 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The restricted stock units will vest fully on June 3, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cognizant (CTSH) director Karima Silvent report?
How many Cognizant (CTSH) restricted stock units does Karima Silvent hold after this Form 4?
What are the terms of the new Cognizant (CTSH) restricted stock units reported?
When will Karima Silvent’s newly reported Cognizant (CTSH) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.