Cognizant director granted additional stock units
WIJNBERG SANDRA S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
WIJNBERG SANDRA S reported acquisition or exercise transactions in this Form 4 filing.
COGNIZANT TECHNOLOGY SOLUTIONS CORP director Sandra S. Wijnberg reported awards of stock-based compensation tied to prior holdings. On May 27, 2026, she received additional restricted stock units and deferred stock units credited as dividend equivalents on previously outstanding units, each representing one share of Class A Common Stock.
Some of the restricted stock units are fully vested, while another tranche will vest on June 3, 2026. Under the company’s Non-Employee Director Compensation Guidelines, she has elected to defer settlement of these units until a future triggering event such as a change in control, death, permanent disability, or a specified date after leaving the board.
Insights
Routine director equity accrual via dividend equivalents, no open-market trading.
The transactions show Sandra S. Wijnberg receiving additional restricted and deferred stock units as dividend equivalent rights on prior awards. Code A and zero price indicate compensation-related grants rather than market purchases or sales.
These units either are fully vested or will vest on June 3, 2026, with settlement deferred under the company’s Non-Employee Director Compensation Guidelines. There are no open-market buys or sells, so the filing mainly updates her equity-based compensation position without signaling a change in market sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 28.689 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 125.5396 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 18.0122 | $0.00 | $0.00 |
Footnotes (6)
- F1. Reflects deferred stock units received pursuant to dividend equivalent rights accrued on previously outstanding deferred stock units. Each deferred stock unit represents a right to receive one share of Class A Common Stock of the Company.
- F2. The deferred stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines (the "Guidelines"), to defer settlement of such deferred stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
- F3. Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a right to receive one share of Class A Common Stock of the Company.
- F4. The restricted stock units are fully vested. The Reporting Person has elected, pursuant to the Company's Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
- F5. 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.
- F6. The restricted stock units will vest fully on June 3, 2026. The Reporting Person has elected, pursuant to the Company's Guidelines, to defer settlement of such restricted stock units until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
Key Figures
Key Terms
Deferred Stock Units financial
dividend equivalent rights financial
Non-Employee Director Compensation Guidelines financial
change in control financial
permanent disability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cognizant (CTSH) director Sandra Wijnberg report in this Form 4?
Were there any Cognizant (CTSH) insider stock purchases or sales in this filing?
How many restricted stock units did Sandra Wijnberg receive in the latest Cognizant Form 4?
What are deferred stock units in the Cognizant (CTSH) director’s Form 4?
When will the newly reported Cognizant restricted stock units vest for Sandra Wijnberg?
AI-generated analysis. How Rhea-AI works. Not financial advice.