Cognizant legal chief sells 2,500 shares
Cognizant’s Chief Legal and Accounting Officer sold 2,500 CTSH shares under a pre-arranged Rule 10b5-1 plan and now holds 39,909 shares directly.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that John Sunshin Kim, its Chief Legal Officer, Chief Accounting Officer and Corporate Secretary, sold 2,500 shares of Class A Common Stock on September 2, 2026 in an open-market transaction. The weighted average sale price was about $63.37 per share, with individual trades executed between $63.05 and $63.74. After this sale, he directly holds 39,909 shares. The transaction was carried out under a Rule 10b5-1 trading plan adopted on May 4, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares
Net Sell
1 txn
Insider
Kim John Sunshin
Role
CLO, CAO & Corporate Secretary
Sold
2,500 shs ($158K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 2,500 | $63.3723 | $158K |
Holdings After Transaction:
Class A Common Stock — 39,909 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 4, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.05 to $63.74, inclusive. The reporting person undertakes to provide to Cognizant Technology Solutions Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Shares sold: 2,500 shares
Weighted average sale price: $63.37 per share
Sale price range: $63.05–$63.74 per share
+2 more
5 metrics
Shares sold
2,500 shares
Class A Common Stock sold by John Sunshin Kim on September 2, 2026
Weighted average sale price
$63.37 per share
Weighted average price for the 2,500 shares sold on September 2, 2026
Sale price range
$63.05–$63.74 per share
Range of prices for multiple sale transactions included in the reported trade
Shares held after transaction
39,909 shares
Direct holdings of Class A Common Stock by John Sunshin Kim after the sale
Rule 10b5-1 plan adoption date
May 4, 2026
Date the reporting person adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 4, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"These shares were sold in multiple transactions at prices ranging from $63.05 to $63.74, inclusive."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
Was the CTSH insider sale made under a Rule 10b5-1 trading plan?
Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan that the reporting person adopted on May 4, 2026, according to the footnote in the filing.
What type of security was involved in this CTSH Form 4 transaction?
The transaction involved Class A Common Stock of Cognizant Technology Solutions Corp, reported as a non-derivative security in the insider’s ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.