Cognizant (CTSH) SVP Kerdman sells 154 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions senior vice president, controller and chief accounting officer Alina Kerdman reported an open-market sale of 154 shares of Class A common stock at $48.04 per share on May 18, 2026.
The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on August 19, 2025, indicating it was pre-planned. Following this sale, she directly holds 723 shares of Cognizant Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 154 shares ($7,398)
Net Sell
1 txn
Insider
Kerdman Alina
Role
SVP, Controller & CAO
Sold
154 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 154 | $48.04 | $7K |
Holdings After Transaction:
Class A Common Stock — 723 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 154 shares
Sale price: $48.04 per share
Shares owned after sale: 723 shares
3 metrics
Shares sold
154 shares
Open-market sale on May 18, 2026
Sale price
$48.04 per share
Average price for the 154 shares sold
Shares owned after sale
723 shares
Direct Class A common stock holdings post-transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "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.
FAQ
What insider transaction did Alina Kerdman report at CTSH?
Alina Kerdman reported an open-market sale of 154 shares of Cognizant Class A common stock. The shares were sold at $48.04 each, reflecting a routine insider disposition rather than a large ownership change.
Was the CTSH insider sale by Alina Kerdman under a Rule 10b5-1 plan?
Yes. The filing states the sales were executed pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025. Such plans are pre-arranged, helping separate trading timing from day-to-day discretionary decisions.
What role does Alina Kerdman hold at Cognizant (CTSH)?
Alina Kerdman serves as senior vice president, controller and chief accounting officer at Cognizant. Her Form 4 filing reflects trading activity in the company’s Class A common stock associated with this executive position.