Cognizant (CTSH) director gets 21.8273 stock units from dividends
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that director Archana Deskus acquired additional derivative equity through an award of 21.8273 Restricted Stock Units linked to Class A Common Stock. These units were received pursuant to dividend equivalent rights on previously outstanding RSUs and will vest fully on June 2, 2027, bringing her directly held RSU balance to 4,192.8273 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deskus Archana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 21.8273 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 4,192.8273 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The restricted stock units will vest fully on June 2, 2027.
Key Figures
Restricted Stock Units acquired: 21.8273 units
Price per RSU: $0.0000 per unit
RSUs following transaction: 4,192.8273 units
+1 more
4 metrics
Restricted Stock Units acquired
21.8273 units
RSUs received on 2026-08-25 from dividend equivalent rights
Price per RSU
$0.0000 per unit
Reported transaction price for the RSU award
RSUs following transaction
4,192.8273 units
Total directly held RSUs after the reported acquisition
Vesting date
June 2, 2027
Date on which the reported RSUs will vest fully
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock
3 terms
Restricted Stock Units financial
"Reflects restricted stock units received pursuant to dividend equivalent rights"
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
"received pursuant to dividend equivalent rights accrued on previously outstand"
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
"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.
FAQ
What transaction did Archana Deskus report on this Form 4 for CTSH?
Archana Deskus reported an acquisition of 21.8273 Restricted Stock Units tied to Cognizant (CTSH) Class A Common Stock. The RSUs arose from dividend equivalent rights on previously outstanding RSUs and represent a contingent right to receive the same number of CTSH shares.
How many Cognizant (CTSH) RSUs does Archana Deskus hold after this transaction?
After the reported transaction, Archana Deskus holds a total of 4,192.8273 Restricted Stock Units directly. Each RSU represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corp.
What is the vesting schedule for the new RSUs reported for CTSH?
The newly reported Cognizant (CTSH) Restricted Stock Units will vest fully on June 2, 2027. Vesting means that on that date, subject to applicable conditions, the RSUs convert into shares of CTSH Class A Common Stock deliverable to the reporting person.
Why did Archana Deskus receive 21.8273 new RSUs in CTSH?
The 21.8273 RSUs were received pursuant to dividend equivalent rights that accrued on previously outstanding RSUs of Cognizant (CTSH). When dividends are paid on CTSH common stock, such rights can credit additional RSUs instead of cash.
Was the reported Cognizant (CTSH) Form 4 transaction made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this Cognizant (CTSH) transaction. The award reflects RSUs from dividend equivalent rights and is reported as a grant or other acquisition, not as an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
