[Form 4] COGNIZANT TECHNOLOGY SOLUTIONS CORP Insider Trading Activity
Rhea-AI Filing Summary
Cognizant Technology Solutions senior vice president, controller and chief accounting officer Alina Kerdman reported routine equity compensation activity tied to restricted stock units. On June 1, 2026, RSUs vested and were converted into Class A common shares, reflected as multiple derivative exercises.
From these vested shares, 207 shares were withheld at $55.76 per share to cover tax obligations, and 146 shares were sold in an open-market transaction at $56.41 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025, indicating the disposition was scheduled in advance rather than timed opportunistically.
Positive
- None.
Negative
- None.
Insights
Filing shows scheduled RSU vesting, tax withholding and a small pre-planned sale.
Alina Kerdman, an executive at Cognizant Technology Solutions, reported RSU vesting that converted into Class A common stock, followed by tax withholding and a modest open-market sale. The Form 4 indicates these events stem from previously granted equity awards under the company’s incentive plan.
Shares withheld for taxes (code F) are a standard mechanism, not an open-market sale, while the 146-share sale at $56.41 per share was executed under a Rule 10b5-1 trading plan adopted on August 19, 2025. Such plans are typically established in advance and make the timing of trades less informative about the insider’s current view of the stock.
Overall, the pattern—RSU vesting (code M), tax withholding, and a relatively small, pre-planned sale—resembles routine compensation and liquidity management rather than a thesis-changing move. The filing does not show remaining derivative positions, suggesting the visible activity mainly reflects ongoing vesting schedules already in place.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 198 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14 | $0.00 | -- |
| Exercise | Restricted Stock Units | 407 | $0.00 | -- |
| Exercise | Class A Common Stock | 198 | $0.00 | -- |
| Exercise | Class A Common Stock | 14 | $0.00 | -- |
| Exercise | Class A Common Stock | 407 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 207 | $55.76 | $12K |
| Sale | Class A Common Stock | 146 | $56.41 | $8K |
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 February 28, 2024. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. 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. 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. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025. A total of 2,382 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). A total of 331 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). A total of 4,891 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).