Cognizant Americas president has 5,224 RSUs vest
President – Americas Surya Gummadi reported RSU vesting into Class A shares, with a portion of shares withheld to cover taxes.
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Form Type
4
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that President – Americas Surya Gummadi had several RSU awards vest on September 1, 2026. Four RSU tranches totaling 5,224 units were converted into an equal number of Class A Common shares, and 2,611 shares were delivered or withheld to pay applicable taxes at $64.58 per share.
Insider Trade Summary
5,224 shares exercised/converted
Exercise
9 txns
Insider
Gummadi Surya
Role
President - Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F7 | 1,168 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F8 | 319 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F9 | 2,310 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F10 | 1,427 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,168 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 319 | -- | -- |
| Exercise | Class A Common Stock F4, F2 | 2,310 | -- | -- |
| Exercise | Class A Common Stock F5, F2 | 1,427 | -- | -- |
| Tax Withholding | Class A Common Stock F6 | 2,611 | $64.58 | $169K |
Holdings After Transaction:
Restricted Stock Units — 34,633 contracts (Direct);
Class A Common Stock — 39,813 shares (Direct)
Footnotes (10)
- 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 1/3rd of 1/8th of the RSU award granted on February 28, 2024.
- F4. 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.
- F5. Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on February 25, 2026.
- F6. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F7. A total of 14,016 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).
- F8. A total of 7,645 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 (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 1, 2027).
- F9. A total of 27,718 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).
- F10. A total of 11,413 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 (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 1, 2029).
Key Figures
RSUs exercised: 5,224 units
Common shares from RSU vesting tranche: 1,168 shares
Common shares from additional RSU tranche: 2,310 shares
+5 more
8 metrics
RSUs exercised
5,224 units
Total RSUs exercised or converted on September 1, 2026
Common shares from RSU vesting tranche
1,168 shares
Shares received from vesting of 1/12th of February 28, 2024 RSU award
Common shares from additional RSU tranche
2,310 shares
Shares received from vesting of February 25, 2026 RSU award (1/12th installment)
Common shares from additional RSU tranche
1,427 shares
Shares received from vesting of February 25, 2026 RSU award (1/8th installment)
Shares withheld for taxes
2,611 shares
Shares delivered or withheld to pay applicable taxes on September 1, 2026
Tax withholding price
$64.58 per share
Price used for shares withheld to pay taxes
Original RSU grant
14,016 RSUs
RSUs originally granted February 28, 2024, vesting quarterly over three years
Original RSU grant
27,718 RSUs
RSUs originally granted February 25, 2026, vesting quarterly over three years
Key Terms
Restricted Stock Units, vesting, Incentive Award Plan, taxes
4 terms
Restricted Stock Units financial
"A total of 14,016 RSUs were originally granted on February 28, 2024"
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.
vesting financial
"such originally granted amount began vesting in quarterly installments over three years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Incentive Award Plan financial
"originally granted ... under the Company's 2023 Incentive Award Plan"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
taxes financial
"Shares of the Company's Class A Common Stock withheld to pay applicable taxes"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity activity did CTSH report for Surya Gummadi on September 1, 2026?
On September 1, 2026, 5,224 restricted stock units held by President – Americas Surya Gummadi vested and were converted into the same number of Class A Common shares of Cognizant Technology Solutions Corp, according to the Form 4 filing.
What RSU tranches vested for the CTSH executive in this transaction?
Four RSU tranches vested for Surya Gummadi, covering 1,168, 319, 2,310, and 1,427 restricted stock units. Each RSU represents a contingent right to receive one share of Cognizant’s Class A Common Stock upon vesting.
Were the RSU grants for CTSH part of an incentive plan?
Yes. The RSUs vested on September 1, 2026 come from grants originally awarded under Cognizant’s 2023 Incentive Award Plan, with grants of 14,016, 7,645, 27,718, and 11,413 RSUs that vest in scheduled quarterly installments over three years.
Did the CTSH Form 4 indicate any Rule 10b5-1 trading plan?
No. The document-level indicator in the Form 4 shows the Rule 10b5-1 checkbox was not affirmatively marked, and there is no footnote disclosure stating that the reported transactions were made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
