903 and 1,155 RSUs vest for Cognizant exec
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that officer Balu Ganesh Ayyar, President - APJ and ISG, had restricted stock units vest into Class A common shares on September 1, 2026.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that officer Balu Ganesh Ayyar, President - APJ and ISG, had restricted stock units vest into Class A common shares on September 1, 2026. A total of 903 and 1,155 RSUs vested from grants originally made in 2024 and 2026, respectively, with each RSU delivering one common share. These RSUs are part of larger awards that vest quarterly over three years, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,058 shares exercised/converted
Exercise
4 txns
Insider
Ayyar Balu Ganesh
Role
President - APJ and ISG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F4 | 903 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 1,155 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 903 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 1,155 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,355 contracts (Direct);
Class A Common Stock — 114,230 shares (Direct)
Footnotes (5)
- F1. Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 25, 2026.
- F4. A total of 10,830 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
- F5. A total of 13,859 RSUs were originally granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2026, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2029).
Key Figures
RSUs vested from 2024 grant: 903 shares
RSUs vested from 2026 grant: 1,155 shares
Total RSUs originally granted (2024 award): 10,830 RSUs
+4 more
7 metrics
RSUs vested from 2024 grant
903 shares
RSUs vested into Class A Common Stock on September 1, 2026 from the February 28, 2024 award
RSUs vested from 2026 grant
1,155 shares
RSUs vested into Class A Common Stock on September 1, 2026 from the February 25, 2026 award
Total RSUs originally granted (2024 award)
10,830 RSUs
Granted February 28, 2024 under the 2023 Incentive Award Plan, vesting 1/12th quarterly over three years
Total RSUs originally granted (2026 award)
13,859 RSUs
Granted February 25, 2026 under the 2023 Incentive Award Plan, vesting 1/12th quarterly over three years
Quarterly vesting fraction
1/12th per quarter
Both RSU awards vest in 12 equal quarterly installments over three years
Full vesting date (2024 RSU award)
March 1, 2027
Twelfth quarterly vesting date for the 10,830 RSUs granted February 28, 2024
Full vesting date (2026 RSU award)
March 1, 2029
Twelfth quarterly vesting date for the 13,859 RSUs granted February 25, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, 2023 Incentive Award Plan, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock ... from the vesting of 1/12th of the restricted stock unit ("RSU") award"
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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock"
2023 Incentive Award Plan financial
"A total of 10,830 RSUs were originally granted ... under the Company's 2023 Incentive Award Plan"
quarterly installments financial
"began vesting in quarterly installments over three years, commencing on June 1, 2024"
FAQ
What insider equity activity did CTSH report for Balu Ganesh Ayyar on September 1, 2026?
The company reported vesting of restricted stock units for Balu Ganesh Ayyar on September 1, 2026, resulting in the delivery of 903 and 1,155 shares of Class A Common Stock from previously granted RSU awards.
How many Cognizant (CTSH) RSUs vested for the officer in this Form 4?
Two tranches of RSUs vested, covering 903 units from a February 28, 2024 grant and 1,155 units from a February 25, 2026 grant. Each RSU represents a contingent right to receive one share of Class A Common Stock.
Were the Cognizant (CTSH) RSU vestings part of larger awards?
Yes. The February 28, 2024 grant originally comprised 10,830 RSUs, and the February 25, 2026 grant originally comprised 13,859 RSUs. Both awards vest in 1/12th quarterly installments over three years under the 2023 Incentive Award Plan.
Were the Cognizant (CTSH) RSU transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for these transactions, meaning the document-level checkbox for affirming such a plan is not marked.
Under which plan were the Cognizant (CTSH) RSUs granted to the officer?
The RSUs were granted under the company’s 2023 Incentive Award Plan. The 2024 grant of 10,830 RSUs and the 2026 grant of 13,859 RSUs both vest in quarterly installments over three years.
AI-generated analysis. How Rhea-AI works. Not financial advice.