Cognizant HR chief vests 749 RSUs into stock
CTSH’s Chief People Officer reported routine RSU vesting into common shares, with a portion withheld to cover taxes.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that Chief People Officer Kathryn Diaz had previously granted restricted stock units vest on September 15, 2026, converting into 749 shares of Class A Common Stock (699 shares from one RSU award and 50 shares from another). In connection with this vesting, 373 shares of Class A Common Stock were withheld to pay applicable taxes. The RSUs stem from original grants of 8,382 RSUs and 598 RSUs made on March 3, 2025, which are scheduled to vest in quarterly installments through March 15, 2028. No Rule 10b5-1 trading plan is reported for these transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F5 | 699 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F6 | 50 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 699 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 50 | -- | -- |
| Tax Withholding | Class A Common Stock F4 | 373 | $64.10 | $24K |
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
vesting financial
withheld to pay applicable taxes financial
2023 Incentive Award Plan financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CTSH disclose about Kathryn Diaz’s RSU vesting on September 15, 2026?
What are the original RSU grant sizes reported for CTSH’s Chief People Officer?
Over what period do the CTSH RSU awards reported here vest?
Were the CTSH Form 4 transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.