Cognizant (CTSH) Chief People Officer details RSU vesting in Form 4
Rhea-AI Filing Summary
Cognizant Technology Solutions Corporation’s Chief People Officer, Kathryn Diaz, reported routine equity compensation activity. On December 15, 2025, she acquired 698 shares and 75 shares of Class A common stock upon vesting of restricted stock units (RSUs) granted on March 3, 2025 under the company’s 2023 Incentive Award Plan. The filing notes complex quarterly vesting schedules that run through March 15, 2028.
To cover taxes from these vestings, 392 shares were withheld at a price of $83.94 per share. After these transactions, Diaz beneficially owns 18,071 shares of Class A common stock, along with 6,287 and 374 RSUs from the two awards, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 698 | $0.00 | -- |
| Exercise | Restricted Stock Units | 75 | $0.00 | -- |
| Exercise | Class A Common Stock | 698 | $0.00 | -- |
| Exercise | Class A Common Stock | 75 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 392 | $83.94 | $33K |
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 Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on March 3, 2025. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 8,382 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). A total of 598 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).
FAQ
What insider transaction did CTSH report for its Chief People Officer?
The report shows that Kathryn Diaz, Chief People Officer of Cognizant Technology Solutions Corporation, acquired Class A common stock through the vesting of restricted stock units and had some shares withheld to pay taxes.
What is the vesting schedule for the March 3, 2025 RSU grants at Cognizant?
One award of 8,382 RSUs vests in equal quarterly installments of 1/12th each, starting June 15, 2025 and fully vesting on March 15, 2028. A second award of 598 RSUs vests over twelve quarterly dates with varying fractions (including 1/8th, 2/3rds of 1/8th, and 1/3rd of 1/8th) and also completes on March 15, 2028.
How many unvested RSUs does the Cognizant executive still hold after this Form 4?
Following the vesting events, she holds 6,287 RSUs from the larger award and 374 RSUs from the smaller award, each RSU representing the right to receive one share of Class A common stock.