Cognizant (NASDAQ: CTSH) director awarded new restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions director Archana Deskus reported an acquisition of additional equity-based compensation. On February 26, 2026, she received 14.6635 restricted stock units, granted through dividend equivalent rights on previously outstanding awards. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
These restricted stock units will vest fully on June 3, 2026, subject to their terms. Following this grant or award, her directly held restricted stock unit balance increased to 2,901.6140 units, further aligning her compensation with Cognizant Technology Solutions’ share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deskus Archana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14.664 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,901.614 shares (Direct)
Footnotes (1)
- Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company. The restricted stock units will vest fully on June 3, 2026.
FAQ
What insider transaction did Cognizant (CTSH) report for Archana Deskus?
Cognizant reported that director Archana Deskus acquired 14.6635 restricted stock units. These units arose from dividend equivalent rights on previously granted awards and increase her equity-based compensation tied to Cognizant’s Class A common stock performance over time.
How many restricted stock units does Archana Deskus hold after this Cognizant (CTSH) Form 4?
After this reported transaction, Archana Deskus holds 2,901.6140 restricted stock units. This figure reflects her directly held units following the February 26, 2026 grant that resulted from accrued dividend equivalent rights on earlier restricted stock unit awards.
When do Archana Deskus’s new Cognizant (CTSH) restricted stock units vest?
The newly reported restricted stock units for Archana Deskus will vest fully on June 3, 2026. Vesting means she must remain eligible through that date before the units convert into shares of Cognizant Class A common stock, according to the award terms.
What does each restricted stock unit represent in the Cognizant (CTSH) Form 4 filing?
Each restricted stock unit reported for Archana Deskus represents a contingent right to receive one share of Cognizant’s Class A common stock. The units convert into shares only upon satisfying vesting conditions, making them a stock-based component of her director compensation package.
How were the new Cognizant (CTSH) restricted stock units for Archana Deskus generated?
The additional 14.6635 restricted stock units arose from dividend equivalent rights accrued on previously outstanding restricted stock units. Instead of receiving cash dividends, these rights provided extra units linked to Cognizant’s Class A common stock, as disclosed in the Form 4 footnotes.