Cognizant (CTSH) Chief People Officer logs RSU vesting and tax withholding in Form 4
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP Chief People Officer Kathryn Diaz reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 15, 2026, 747 restricted stock units were exercised into Class A Common Stock as part of scheduled vesting from grants made on March 3, 2025, under the 2023 Incentive Award Plan. A total of 372 shares of Class A Common Stock were withheld at a price of $52.17 per share to cover applicable taxes, a non‑market tax-withholding disposition. Following these transactions, Diaz directly holds 22,643 shares of Class A Common Stock and 4,890 restricted stock units, which continue to vest over time through March 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 698 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 49 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 698 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 49 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 372 | $52.17 | $19K |
Footnotes (6)
- 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. Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on March 3, 2025.
- F4. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F5. A total of 8,382 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).
- F6. A total of 598 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 (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 15, 2028).
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative exercise/conversion financial
contingent right financial
2023 Incentive Award Plan financial
FAQ
What insider transactions did CTSH Chief People Officer Kathryn Diaz report?
What RSU awards underlie Kathryn Diaz’s June 15, 2026 CTSH Form 4 filing?
What does the tax-withholding disposition in the CTSH Form 4 mean?
How many RSUs did Kathryn Diaz exercise in this Cognizant (CTSH) Form 4?
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