Cognizant CLO Kim vests 1,647 RSUs into stock
Cognizant’s CLO, CAO & Corporate Secretary had RSUs vest into shares with a portion withheld to cover taxes, outside any Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that John Sunshin Kim, its CLO, CAO & Corporate Secretary, had 1,647 Restricted Stock Units vest on September 15, 2026 from an award granted on March 3, 2025, converting into the same number of Class A Common shares. In connection with this vesting, 889 shares of Class A Common Stock were withheld to pay applicable taxes at a value of $64.10 per share. After the vesting, Kim held 9,879 RSUs from this award, and the transactions were not made under a Rule 10b5-1 trading plan.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F4 | 1,647 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,647 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 889 | $64.10 | $57K |
Footnotes (4)
- 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 the Company's Class A Common Stock withheld to pay applicable taxes.
- F4. 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
Key Terms
Restricted Stock Units financial
contingent right financial
withheld to pay applicable taxes financial
Incentive Award Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cognizant (CTSH) disclose about John Sunshin Kim’s equity on September 15, 2026?
What was the origin and size of the RSU grant reported for Cognizant (CTSH)?
How many RSUs from the Cognizant (CTSH) grant remained after this vesting event?
Was John Sunshin Kim’s Cognizant (CTSH) transaction under a Rule 10b5-1 trading plan?
How do the Cognizant (CTSH) RSUs convert into common stock for this award?
AI-generated analysis. How Rhea-AI works. Not financial advice.