Cognizant (CTSH) CEO reports RSU vesting and routine tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions’ CEO Ravi Kumar Singisetti reported routine equity compensation activity. On June 15, 2026, 1/12th of his restricted stock unit (RSU) award vested, converting 5,987 RSUs into an equal number of Class A common shares. The company withheld 3,230 shares to cover applicable taxes, a non-market, tax-withholding disposition. Following these transactions, he directly held 125,888 Class A shares and 41,911 RSUs. The original RSU grant was 71,847 units, scheduled to vest quarterly from June 15, 2025 through March 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,987 shares exercised/converted
Mixed
3 txns
Insider
Singisetti Ravi Kumar
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,987 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,987 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,230 | $52.17 | $169K |
Holdings After Transaction:
Restricted Stock Units — 41,911 shares (Direct, null);
Class A Common Stock — 125,888 shares (Direct, null)
Footnotes (1)
- 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. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 71,847 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 on 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: 5,987 RSUs
Shares withheld for taxes: 3,230 shares at $52.17
Direct shares after transaction: 125,888 shares
+3 more
6 metrics
RSUs vested
5,987 RSUs
Converted into Class A Common Stock on June 15, 2026
Shares withheld for taxes
3,230 shares at $52.17
Tax-withholding disposition on June 15, 2026
Direct shares after transaction
125,888 shares
Class A Common Stock held directly after June 15, 2026
RSUs remaining
41,911 RSUs
Outstanding after June 15, 2026 vesting event
Original RSU grant
71,847 RSUs
Granted March 3, 2025 under 2023 Incentive Award Plan
Vesting schedule
12 quarterly installments
From June 15, 2025 to March 15, 2028
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, 2023 Incentive Award Plan, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock of Cognizant Technology Solutions Corporation received 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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
2023 Incentive Award Plan financial
"A total of 71,847 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan"
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.
FAQ
What insider transactions did CTSH CEO Ravi Kumar Singisetti report on June 15, 2026?
He reported vesting of 5,987 restricted stock units into Class A common shares and withholding of 3,230 shares for taxes. These transactions reflect routine equity compensation and tax settlement rather than open-market buying or selling of Cognizant shares.
What is the size and vesting schedule of the CTSH CEO’s RSU grant?
The CEO originally received 71,847 restricted stock units on March 3, 2025 under Cognizant’s 2023 Incentive Award Plan. This grant vests in 12 equal quarterly installments beginning June 15, 2025 and becomes fully vested on March 15, 2028, subject to ongoing service.
How many RSUs remain outstanding for the CTSH CEO after this transaction?
Following the June 15, 2026 vesting and conversion, 41,911 restricted stock units remain outstanding for the CEO. Each RSU represents a contingent right to receive one share of Cognizant’s Class A Common Stock when it vests, according to the grant terms.