CTSH Form 4: Executive RSU vesting and share tax withholding
Rhea-AI Filing Summary
Cognizant Technology Solutions (CTSH) reported equity award activity for executive officer Surya Gummadi, President - Americas, in a Form 4 insider filing. On November 15, 2025, 2,085 shares of Class A common stock were acquired upon vesting of restricted stock units (RSUs) from a grant originally made on November 15, 2022, with 1,010 shares withheld to cover taxes at a price of $72.62 per share. On November 16, 2025, additional RSUs granted on February 16, 2023 vested, delivering 753 and 628 shares of Class A common stock in separate tranches, with 673 shares withheld for taxes at $72.62 per share. The RSU grants, originally for 25,016, 9,041 and 15,069 units, vest over three years in scheduled quarterly installments under the company’s 2017 Incentive Award Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 753 | $0.00 | -- |
| Exercise | Restricted Stock Units | 628 | $0.00 | -- |
| Exercise | Class A Common Stock | 753 | $0.00 | -- |
| Exercise | Class A Common Stock | 628 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 673 | $72.62 | $49K |
| Exercise | Restricted Stock Units | 2,085 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,085 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,010 | $72.62 | $73K |
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 November 15, 2022. 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. Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 16, 2023. Shares of Class A Common Stock of the Company received from the vesting of 1/3rd of 1/8th of the RSU award granted on February 16, 2023. A total of 25,016 RSUs were originally granted on November 15, 2022 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on February 15, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs were fully vested on the twelfth vesting date (November 15, 2025). A total of 9,041 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, 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 (February 16, 2026). A total of 15,069 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, 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 next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 16, 2026).
FAQ
What insider transaction did CTSH report for Surya Gummadi?
The filing reports that Surya Gummadi, President - Americas of Cognizant Technology Solutions, acquired shares of Class A common stock upon the vesting of restricted stock units (RSUs) on November 15, 2025 and November 16, 2025, with some shares withheld to cover taxes.
What tax withholding occurred in the CTSH Form 4 transactions?
The company withheld 1,010 shares of Class A common stock on November 15, 2025 and 673 shares on November 16, 2025 to pay applicable taxes, each at a price of $72.62 per share.
What are the sizes and terms of the RSU grants reported by Cognizant (CTSH)?
The filing notes RSU grants of 25,016 units granted on November 15, 2022, and 9,041 and 15,069 units granted on February 16, 2023. These RSUs vest in quarterly installments over three years under the 2017 Incentive Award Plan.
What is the vesting schedule for the CTSH RSUs granted in 2022 to the executive?
The 25,016 RSUs granted on November 15, 2022 vest in 1/12th increments on quarterly vesting dates over three years, becoming fully vested on the twelfth vesting date, November 15, 2025.
How do the 2023 Cognizant RSU grants vest according to the Form 4?
The 9,041 RSUs granted on February 16, 2023 vest in 1/12th quarterly installments over three years, fully vesting on February 16, 2026. The 15,069 RSUs granted on the same date vest in a more complex quarterly pattern across twelve vesting dates, also completing on February 16, 2026.