Cognizant exec Ayyar vests 849 RSUs into stock
Cognizant executive Balu Ganesh Ayyar reported quarterly vesting of 849 RSUs from a 2025 equity grant, increasing his direct Class A share holdings.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that officer Balu Ganesh Ayyar, President - APJ and ISG, had 849 Restricted Stock Units vest on September 15, 2026, converting into an equal number of shares of Class A Common Stock. The RSUs were part of a 10,178-unit grant made on March 3, 2025 under the company’s 2023 Incentive Award Plan, which vests in quarterly installments over three years, commencing June 15, 2025, with 1/12th of the RSUs vesting on each quarterly vesting date. After this vesting event, Ayyar directly held 115,079 shares of Class A Common Stock and 5,089 RSUs. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
849 shares exercised/converted
Exercise
2 txns
Insider
Ayyar Balu Ganesh
Role
President - APJ and ISG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 849 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 849 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,089 contracts (Direct);
Class A Common Stock — 115,079 shares (Direct)
Footnotes (3)
- 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 March 3, 2025.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. A total of 10,178 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing June 15, 2025, 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 15, 2028).
Key Figures
RSUs vested: 849 units
Common shares held after transaction: 115,079 shares
RSUs remaining after transaction: 5,089 units
+2 more
5 metrics
RSUs vested
849 units
RSUs vesting and converting into Class A Common Stock on September 15, 2026
Common shares held after transaction
115,079 shares
Direct Class A Common Stock holdings by Balu Ganesh Ayyar after the September 15, 2026 vesting
RSUs remaining after transaction
5,089 units
Restricted Stock Units held by Ayyar following the reported vesting event
Original RSU grant size
10,178 units
RSUs granted on March 3, 2025 under the 2023 Incentive Award Plan
Vesting period
3 years
Quarterly vesting from June 15, 2025 to March 15, 2028, with 1/12th vesting each quarter
Key Terms
Restricted Stock Units, Class A Common Stock, 2023 Incentive Award Plan, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock ... received from the vesting of 1/12th of the restricted stock unit"
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.
2023 Incentive Award Plan financial
"A total of 10,178 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan"
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock"
quarterly installments financial
"such originally granted amount began vesting in quarterly installments over three years"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CTSH executive Balu Ganesh Ayyar report on this Form 4?
He reported the vesting of 849 Restricted Stock Units on September 15, 2026, which converted into 849 shares of Cognizant’s Class A Common Stock as part of a previously granted RSU award.
What is the size and schedule of the RSU grant reported by CTSH?
The RSU grant originally comprised 10,178 RSUs awarded on March 3, 2025. It began vesting in quarterly installments on June 15, 2025, with 1/12th of the RSUs vesting each quarter over three years until March 15, 2028.
Was a Rule 10b5-1 trading plan used for this CTSH Form 4 transaction?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that these transactions were made under a trading plan.
What does each RSU represent in the CTSH grant to Balu Ganesh Ayyar?
Each RSU in this award represents a contingent right to receive one share of Cognizant’s Class A Common Stock upon vesting, as disclosed in the footnotes to the Form 4.
Under which plan were these CTSH RSUs granted?
The 10,178 RSUs were granted on March 3, 2025 under Cognizant Technology Solutions Corporation’s 2023 Incentive Award Plan, which governs the vesting terms described in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
