CTSH officer exercises RSUs, shares withheld for tax
Cognizant Technology Solutions Chief People Officer Kathryn Diaz reported routine equity compensation activity.
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Rhea-AI Filing Summary
Cognizant Technology Solutions Chief People Officer Kathryn Diaz reported routine equity compensation activity. On March 6, 2026, 468 restricted stock units were exercised, delivering 468 shares of Class A common stock at a stated price of $0.0000 per share. To cover applicable taxes, 222 of these shares were withheld at $65.7800 per share, leaving Diaz with 18,851 directly owned shares after the transactions. The RSUs stemmed from an 8,415-unit grant dated September 6, 2023 under the 2023 Incentive Award Plan, which vested in ten scheduled quarterly installments and became fully vested on March 6, 2026. No remaining RSU balance is shown after this vesting and exercise.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 468 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 468 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 222 | $65.78 | $15K |
Footnotes (4)
- F1. 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 September 6, 2023.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F4. A total of 8,415 RSUs were originally granted on September 6, 2023 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in 10 successive quarterly installments, commencing on December 6, 2023, with (i) 1/6th of such RSUs vesting on each of the first two vesting dates; (ii) 2/3rds of 1/6th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/6th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs were fully vested on March 6, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CTSH executive Kathryn Diaz report?
Where did the 468 RSUs exercised by the CTSH CPO originate?
Does this Cognizant (CTSH) Form 4 show any open-market stock sales or purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.