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Cognizant (NASDAQ: CTSH) director Archana Deskus receives additional RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  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.
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
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."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deskus Archana

(Last)(First)(Middle)
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.

(Street)
TEANECK NEW JERSEY 07666

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COGNIZANT TECHNOLOGY SOLUTIONS CORP [ CTSH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/27/2026A(1)18.0122 (2) (2)Class A Common Stock18.0122$02,919.6262D
Explanation of Responses:
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.
2. The restricted stock units will vest fully on June 3, 2026.
Remarks:
/s/ Melissa Glass, on behalf of Archana Deskus, by Power of Attorney05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.