Cognizant (NASDAQ: CTSH) director Archana Deskus receives additional RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP director Archana Deskus received additional equity compensation through restricted stock units. On May 27, 2026, she acquired 18.0122 restricted stock units as a grant related to dividend equivalent rights on previously outstanding awards. Following this, she holds 2,919.6262 restricted stock units, which are payable in Class A Common Stock if they vest. The newly reported restricted stock units will fully vest on June 3, 2026, aligning with the vesting schedule of her existing equity awards and representing routine, non‑cash director compensation rather than an open‑market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deskus Archana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 18.012 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,919.626 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company. The restricted stock units will vest fully on June 3, 2026.
Key Figures
RSUs granted: 18.0122 units
Total RSUs after grant: 2,919.6262 units
RSU grant price: $0.0000 per unit
+2 more
5 metrics
RSUs granted
18.0122 units
Restricted stock units from dividend equivalent rights on May 27, 2026
Total RSUs after grant
2,919.6262 units
Restricted stock unit holdings following reported transaction
RSU grant price
$0.0000 per unit
Non-cash equity compensation; no purchase price
Underlying shares
18.0122 shares
Each RSU represents one share of Class A Common Stock
Vesting date
June 3, 2026
Newly reported restricted stock units vest fully on this date
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, vest fully
4 terms
Restricted Stock Units financial
"Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units."
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.
dividend equivalent rights financial
"Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company."
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.
vest fully financial
"The restricted stock units will vest fully on June 3, 2026."
FAQ
What did Cognizant (CTSH) director Archana Deskus report on this Form 4?
Archana Deskus reported receiving 18.0122 restricted stock units as additional equity compensation. These units arose from dividend equivalent rights on prior awards and increase her total restricted stock unit holdings to 2,919.6262, all tied to Cognizant Class A Common Stock.
Is the Archana Deskus Form 4 for CTSH a stock purchase or sale?
The Form 4 does not show an open‑market stock purchase or sale. It reports a grant of 18.0122 restricted stock units received as compensation via dividend equivalent rights, with no cash price per share and no indicated selling transaction.
How many restricted stock units does Archana Deskus hold after this Cognizant filing?
After this transaction, Archana Deskus holds 2,919.6262 restricted stock units. Each unit represents a contingent right to receive one share of Cognizant Class A Common Stock if vesting conditions are met under the company’s equity compensation arrangements.
When do the newly granted restricted stock units for CTSH vest?
The newly reported restricted stock units will vest fully on June 3, 2026. Vesting means the units convert into the right to receive shares of Cognizant Class A Common Stock, assuming Deskus satisfies the applicable service or other vesting conditions.
What are dividend equivalent rights mentioned in the Cognizant Form 4 footnote?
Dividend equivalent rights provide additional restricted stock units when the company pays dividends, mirroring value to RSU holders. In this case, 18.0122 RSUs were credited to Archana Deskus based on dividends, increasing her overall RSU balance linked to Cognizant Class A Common Stock.