Cognizant Americas president vests 1,995 shares
President - Americas Surya Gummadi had RSUs vest into Cognizant Class A shares, with a portion withheld for taxes and the balance retained as equity compensation.
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Form Type
4
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that Surya Gummadi, President - Americas, had restricted stock units vest on September 15, 2026 that were settled in 1,995 shares of Class A Common Stock. Of these, 988 shares were withheld to pay applicable taxes, with the remaining shares retained, and no Rule 10b5-1 trading plan is reported.
Insider Trade Summary
1,995 shares exercised/converted
Exercise
5 txns
Insider
Gummadi Surya
Role
President - Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F5 | 1,397 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F6 | 598 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,397 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 598 | -- | -- |
| Tax Withholding | Class A Common Stock F4 | 988 | $64.10 | $63K |
Holdings After Transaction:
Restricted Stock Units — 10,778 contracts (Direct);
Class A Common Stock — 40,820 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 12,773 to 10,778 contracts (Direct);
Class A Common Stock, 39,813 to 40,820 shares (Direct)
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 16,764 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 7,184 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
Shares vested (first RSU tranche): 1,397 shares
Shares vested (second RSU tranche): 598 shares
Total shares from RSU vesting: 1,995 shares
+4 more
7 metrics
Shares vested (first RSU tranche)
1,397 shares
1/12th of RSU award granted March 3, 2025 vested into Class A Common Stock
Shares vested (second RSU tranche)
598 shares
2/3rds of 1/8th of another March 3, 2025 RSU award vested
Total shares from RSU vesting
1,995 shares
Total Class A Common Stock delivered upon RSU vesting on September 15, 2026
Shares withheld for taxes
988 shares
Class A Common Stock withheld to pay applicable taxes on vesting
Tax withholding reference price
$64.10 per share
Per-share value used for tax-liability withholding transaction of 988 shares
Original RSU grant size (first award)
16,764 RSUs
Granted March 3, 2025 under 2023 Incentive Award Plan, vesting quarterly through March 15, 2028
Original RSU grant size (second award)
7,184 RSUs
Granted March 3, 2025 under 2023 Incentive Award Plan with staged quarterly vesting through March 15, 2028
Key Terms
Restricted Stock Units, vesting, contingent right, Incentive Award Plan, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock ... 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.
vesting financial
"received from the vesting of 2/3rds of 1/8th of the RSU award granted on March 3, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock"
Incentive Award Plan financial
"originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
withheld to pay applicable taxes financial
"Shares of the Company's Class A Common Stock withheld to pay applicable taxes"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did CTSH executive Surya Gummadi report on September 15, 2026?
He reported RSU vesting that converted into 1,995 shares of Cognizant Class A Common Stock and a related withholding of 988 shares to pay applicable taxes, with the remaining vested shares retained as equity compensation.
How many Cognizant (CTSH) RSUs vested for Surya Gummadi in this Form 4?
RSUs corresponding to 1,397 shares (1/12th of a March 3, 2025 award) and 598 shares (2/3rds of 1/8th of another March 3, 2025 award) vested, for a total of 1,995 shares of Class A Common Stock.
Were Surya Gummadi’s CTSH transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes describe routine vesting of RSU awards rather than sales under a pre-arranged trading plan.
What are the original CTSH RSU grant sizes referenced in this Form 4?
The filing states that 16,764 RSUs and 7,184 RSUs were originally granted on March 3, 2025 under Cognizant’s 2023 Incentive Award Plan, with each award vesting in quarterly installments over three years through March 15, 2028.
What vesting schedule applies to Surya Gummadi’s RSUs at Cognizant (CTSH)?
One grant of 16,764 RSUs vests in equal 1/12th quarterly installments. A second grant of 7,184 RSUs vests in a staged pattern: 1/8th on each of the first four dates, then varying 2/3rds and 1/3rd of 1/8th, with the remainder vesting on March 15, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
