Cognizant (NASDAQ: CTSH) CEO nets more shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions CEO Ravi Kumar Singisetti reported routine equity compensation activity tied to restricted stock unit (RSU) vesting. On June 1, 2026, RSUs vested into 15,092 shares of Class A Common Stock, while 8,202 shares were withheld to cover applicable taxes at $55.76 per share.
The vested shares came from two RSU awards granted on February 28, 2024 and February 25, 2026 under the 2023 Incentive Award Plan, each vesting in 1/12 increments quarterly over three years. Following these transactions, Singisetti directly holds 128,103 shares of Class A Common Stock and 15,928 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,092 shares exercised/converted
Mixed
5 txns
Insider
Singisetti Ravi Kumar
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,309 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,783 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,309 | $0.00 | -- |
| Exercise | Class A Common Stock | 9,783 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,202 | $55.76 | $457K |
Holdings After Transaction:
Restricted Stock Units — 15,928 shares (Direct, null);
Class A Common Stock — 118,320 shares (Direct, null)
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 1/12th of the RSU award granted on February 25, 2026. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 63,710 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 117,397 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).
Key Figures
RSUs vested into shares: 15,092 shares
Shares withheld for taxes: 8,202 shares
Tax withholding price: $55.76 per share
+4 more
7 metrics
RSUs vested into shares
15,092 shares
Class A Common Stock received from RSU vesting on June 1, 2026
Shares withheld for taxes
8,202 shares
Shares of Class A Common Stock withheld at $55.76 to pay taxes
Tax withholding price
$55.76 per share
Value used for tax-withholding disposition of 8,202 shares
Shares held after transactions
128,103 shares
Direct Class A Common Stock holdings following June 1, 2026 activity
RSUs held after transactions
15,928 RSUs
Restricted Stock Units remaining after reported conversions
Original 2024 RSU grant
63,710 RSUs
Granted February 28, 2024, vesting quarterly to March 1, 2027
Original 2026 RSU grant
117,397 RSUs
Granted February 25, 2026, vesting quarterly to March 1, 2029
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, 2023 Incentive Award Plan, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock of Cognizant Technology Solutions Corporation received from the vesting of 1/12th of the restricted stock unit ("RSU") award"
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.
tax-withholding disposition financial
"Shares of the Company's Class A Common Stock withheld to pay applicable taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
2023 Incentive Award Plan financial
"originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan"
quarterly vesting date financial
"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"
FAQ
What did Cognizant (CTSH) CEO Ravi Kumar Singisetti report in this Form 4?
The CEO reported RSU vesting and related share activity. RSUs converted into common stock, and some shares were withheld for taxes. These transactions reflect routine compensation events, not open-market buying or selling of Cognizant stock.
What are the CEO’s Cognizant (CTSH) holdings after these transactions?
After the reported transactions, the CEO directly holds 128,103 shares of Cognizant Class A Common Stock. He also holds 15,928 restricted stock units (RSUs), representing additional shares that will be delivered as they vest over future quarterly dates.
What RSU grants for Cognizant (CTSH) are described in the footnotes?
Footnotes describe two RSU grants: 63,710 RSUs granted on February 28, 2024 and 117,397 RSUs granted on February 25, 2026. Each grant vests quarterly over three years, with final vesting dates on March 1, 2027 and March 1, 2029, respectively.
Is this Cognizant (CTSH) Form 4 an open-market stock sale by the CEO?
No, the filing shows RSU vesting and tax-withholding dispositions, not open-market sales. The F code indicates shares were surrendered to cover taxes, while M codes reflect derivative exercises converting RSUs into common stock for the CEO.