Cognizant (CTSH) CLO Kim reports RSU vesting and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions’ Chief Legal Officer, Chief Accounting Officer and Corporate Secretary John Sunshin Kim reported routine equity compensation activity. On June 15, 2026, 1,646 restricted stock units vested and were converted into Class A Common Stock, representing 1/12 of an RSU award granted on March 3, 2025. Of these shares, 888 were withheld to cover applicable taxes. After these transactions, Kim directly holds 43,780 shares of Class A Common Stock and 11,526 unvested RSUs that continue to vest quarterly through March 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,646 shares exercised/converted
Mixed
3 txns
Insider
Kim John Sunshin
Role
CLO, CAO & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,646 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,646 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 888 | $52.17 | $46K |
Holdings After Transaction:
Restricted Stock Units — 11,526 shares (Direct, null);
Class A Common Stock — 43,780 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 March 3, 2025. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 19,758 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).
Key Figures
RSUs vested: 1,646 units
Shares withheld for taxes: 888 shares
Common shares held after: 43,780 shares
+2 more
5 metrics
RSUs vested
1,646 units
Portion of March 3, 2025 RSU grant vesting on June 15, 2026
Shares withheld for taxes
888 shares
Class A Common Stock withheld to cover tax obligations on RSU vesting
Common shares held after
43,780 shares
Direct Class A Common Stock holdings following June 15, 2026 transactions
Unvested RSUs remaining
11,526 units
Restricted Stock Units remaining after vesting under 2023 Incentive Award Plan
Original RSU grant
19,758 units
RSUs granted March 3, 2025, vesting quarterly over three years
Key Terms
Restricted Stock Units, tax-withholding disposition, 2023 Incentive Award Plan, quarterly vesting date
4 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 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.
2023 Incentive Award Plan financial
"A total of 19,758 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan..."
quarterly vesting date financial
"RSUs began vesting in quarterly installments over three years, commencing on June 15, 2025..."
FAQ
What insider transactions did Cognizant (CTSH) report for John Sunshin Kim?
Cognizant reported that John Sunshin Kim had 1,646 restricted stock units vest into Class A Common Stock, with 888 shares withheld to pay taxes. These are routine equity compensation-related transactions, not open-market purchases or sales.
What RSU award is vesting for the Cognizant (CTSH) insider?
Kim’s transactions relate to a 19,758-RSU award granted March 3, 2025. This award vests in 12 equal quarterly installments starting June 15, 2025, with 1/12 vesting each quarter until fully vested on March 15, 2028, subject to plan terms.