Cognizant (CTSH) President – Americas details RSU vesting and tax withholding
Rhea-AI Filing Summary
Cognizant Technology Solutions President – Americas Surya Gummadi reported routine equity compensation activity. On 12/15/2025, 1,397 and 898 restricted stock units (RSUs) granted on March 3, 2025 vested, converting into the same number of Class A common shares. A total of 1,155 shares were withheld at $83.94 per share to cover applicable taxes.
After these transactions, Gummadi directly beneficially owned 34,369 and 35,524 Class A common shares from the respective awards, and continued to hold derivative positions in RSUs, including 12,573 and 4,490 units that remain subject to the Company’s 2023 Incentive Award Plan vesting schedules through March 15, 2028.
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FAQ
What insider transaction did Cognizant (CTSH) disclose for Surya Gummadi?
The company disclosed that President – Americas Surya Gummadi had RSUs vest on 12/15/2025, converting 1,397 and 898 RSUs into the same number of Class A common shares.
How many Cognizant (CTSH) shares were withheld for taxes in this transaction?
The filing reports that 1,155 shares of Cognizant Class A common stock were withheld to pay applicable taxes at a price of $83.94 per share.
What equity awards are involved in the Cognizant (CTSH) insider RSU vesting?
The activity relates to RSU awards originally granted on March 3, 2025 under the 2023 Incentive Award Plan, including awards of 16,764 and 7,184 RSUs with structured quarterly vesting through March 15, 2028.
How many Cognizant (CTSH) RSUs remain outstanding for the reporting person after this transaction?
Following the reported vesting and conversions, the filing shows the reporting person holds 12,573 RSUs from one award and 4,490 RSUs from another award.
What is the role of the reporting person in Cognizant (CTSH)?
The reporting person, Surya Gummadi, is an officer of Cognizant Technology Solutions Corporation, serving as President – Americas.
Under which plan were the Cognizant (CTSH) RSUs granted and how do they vest?
The RSUs were granted under the 2023 Incentive Award Plan and vest in scheduled quarterly installments over three years, ending on March 15, 2028, based on specified fractions of the original grants.