Cognizant (CTSH) officer details RSU vesting and share holdings
Rhea-AI Filing Summary
Cognizant Technology Solutions Corp. executive Rajesh Varrier, President Operations MD India, reported routine equity compensation activity involving restricted stock units (RSUs) on December 15, 2025.
On that date, RSUs converted into a total of 1,541 shares of Class A common stock (749, 542, and 250 shares) as scheduled vesting from prior RSU grants made on September 3, 2024 and March 3, 2025 under the company’s 2023 Incentive Award Plan. After these transactions, Varrier directly held 6,135 shares of Class A common stock.
The filing also shows 586 shares were withheld at a price of $83.95 per share to cover applicable taxes. Following the vesting events, Varrier continued to hold several blocks of RSUs that remain unvested and will vest in structured quarterly installments through dates extending to March 15, 2028.
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FAQ
What insider transaction did CTSH executive Rajesh Varrier report on this Form 4?
Rajesh Varrier reported the vesting of restricted stock units that converted into 1,541 shares of Cognizant Technology Solutions Corp. Class A common stock on December 15, 2025, as part of previously granted RSU awards.
How many CTSH shares does Rajesh Varrier hold after the reported Form 4 transactions?
After the reported vesting and tax withholding transactions, Rajesh Varrier directly owned 6,135 shares of Cognizant Technology Solutions Corp. Class A common stock.
What RSU grants are referenced in this CTSH Form 4 filing?
The filing references three RSU awards: 5,991 RSUs and 4,884 RSUs granted on September 3, 2024, and 2,993 RSUs granted on March 3, 2025, all under the company’s 2023 Incentive Award Plan.
Over what period do the reported CTSH RSUs vest for Rajesh Varrier?
The referenced RSUs vest in quarterly installments, with schedules running from December 15, 2024 through September 15, 2026 for one award, through March 15, 2027 for another, and through March 15, 2028 for the March 3, 2025 grant.
Why were some CTSH shares disposed of in Rajesh Varrier’s Form 4?
The filing notes that 586 shares of Cognizant Class A common stock were withheld to pay applicable taxes in connection with the RSU vesting, at a price of $83.95 per share.
What role does Rajesh Varrier hold at Cognizant Technology Solutions (CTSH)?
In this Form 4, Rajesh Varrier is identified as an officer of Cognizant Technology Solutions Corp., with the title President Operations MD India.