[Form 4] COGNIZANT TECHNOLOGY SOLUTIONS CORP Insider Trading Activity
Balu Ganesh Ayyar, a company officer serving as President - IOA & ISG at Cognizant Technology Solutions (CTSH), received 848 shares through the vesting of restricted stock units (RSUs). The RSUs were part of a grant of 10,178 RSUs awarded March 3, 2025; the award vests in quarterly installments over three years, with 1/12th vesting on each quarterly vesting date so the grant will be fully vested on March 15, 2028. Each RSU represents the contingent right to one share of Class A common stock. The transaction recorded is the conversion of the quarter's vested RSUs into shares and reflects routine equity compensation vesting for an executive.
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Insights
TL;DR Routine executive equity vesting: 848 RSUs converted to shares from a 10,178 RSU award that vests quarterly through March 15, 2028.
The filing documents a standard compensation-related vesting event, not a discretionary sale or market transaction. The size of the quarterly vesting (848 shares) is small relative to the full grant (10,178 RSUs) and represents expected dilution tied to employee compensation programs. There is no indication in this filing of stock sales, pledges, or changes to grant terms. For investors, this is ordinary insider compensation activity and carries no immediate signal about company performance.
TL;DR Governance-normal vesting disclosure: officer received vested RSUs under the 2023 Incentive Award Plan; schedule disclosed.
The form provides clear disclosure of the original grant size, vesting cadence, and the mechanics (1 RSU equals 1 share). This transparency aligns with Section 16 reporting expectations and with standard equity-award governance practices. The disclosure does not reveal any acceleration, special repricing, or unusual transfer conditions. From a governance standpoint, the filing satisfies routine reporting obligations for insider compensation events.