Cognizant (CTSH) SVP reports RSU vesting, tax withholding and 160-share sale
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP senior vice president, controller and chief accounting officer Alina Kerdman reported several share transactions in mid‑February. On February 17, 2026, she completed an open‑market sale of 160 shares of Class A common stock at $66.75 per share, leaving 630 shares directly held.
On February 16, 2026, 235 restricted stock units (RSUs) granted on February 16, 2023 converted into the same number of Class A shares at a stated price of $0.00, and 81 shares at $66.55 per share were withheld to cover taxes, leaving 790 shares before the later sale. Footnotes state the 160‑share sale was executed under a Rule 10b5‑1 trading plan adopted on August 19, 2025 and that the original RSU grant totaled 2,817 units vesting quarterly over three years, with the award fully vested on February 16, 2026.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 160 | $66.75 | $11K |
| Exercise | Restricted Stock Units | 235 | $0.00 | -- |
| Exercise | Class A Common Stock | 235 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 81 | $66.55 | $5K |
Footnotes (1)
- Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the fully vested restricted stock unit ("RSU") award granted on February 16, 2023. 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. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025. A total of 2,817 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 and the remainder of the RSUs were fully vested on February 16, 2026.