Cognizant (CTSH) Officer Executes RSU Vesting; 1,647 Shares Delivered
Rhea-AI Filing Summary
Reporting person: The filing lists Kim John Sunshin as the reporting person and indicates an officer role of CLO, CAO & Corporate Secretary for Cognizant Technology Solutions Corp (CTSH).
The form reports RSU vesting on 09/15/2025 that resulted in 1,647 Class A common shares delivered and 905 shares withheld to satisfy taxes at a per-share price of $69.17, leaving 39,130 shares beneficially owned after the transactions. The RSUs stem from a 19,758 grant on March 3, 2025 that vests in quarterly 1/12th installments through March 15, 2028.
Positive
- RSU vesting executed as scheduled, confirming compensation plan mechanics are functioning
- Full grant and vesting schedule disclosed (19,758 RSUs granted on March 3, 2025; quarterly vesting through March 15, 2028)
Negative
- Tax withholding reduced the net shares received (905 shares withheld) which lowers the officer's post-transaction holdings
- Minor dilution implied as RSUs convert to Class A shares when vested
Insights
TL;DR: Routine executive equity vesting; no new disclosures of departures or major governance changes.
The Form 4 documents customary compensation vesting for a named officer rather than any extraordinary insider sale or acquisition. The filing shows standard tax withholding following RSU vesting, which reduces outstanding shares held by the officer but reflects execution of previously granted awards. This is a routine disclosure that maintains transparency on insider holdings without indicating governance shifts.
TL;DR: Scheduled RSU vesting executed; award details and vesting schedule are disclosed.
The report specifies that 19,758 RSUs were granted on March 3, 2025 with quarterly vesting over three years beginning June 15, 2025. On 09/15/2025, 1,647 RSUs vested and converted to shares, with 905 shares withheld for taxes at $69.17 per share. This aligns with common executive equity practices and confirms future dilution will follow the disclosed schedule.