Cognizant SVP sells 194 shares after RSU vesting
COGNIZANT TECHNOLOGY SOLUTIONS CORP senior vice president, controller and chief accounting officer Alina Kerdman reported routine equity compensation activity and a small stock sale.
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Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP senior vice president, controller and chief accounting officer Alina Kerdman reported routine equity compensation activity and a small stock sale. On April 1, 2026 she exercised 207 Restricted Stock Units, receiving the same number of Class A common shares at a $0.00 exercise price as part of a scheduled vesting from a prior award.
Of these shares, 70 were withheld at $61.35 per share to cover applicable taxes. On April 2, 2026, she then completed an open-market sale of 194 Class A shares at an average price of $61.29 per share under a pre-arranged Rule 10b5-1 trading plan, leaving her with 877 shares of Class A common stock held directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 194 | $61.29 | $12K |
| Exercise | Restricted Stock Units | 207 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 207 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 70 | $61.35 | $4K |
Footnotes (6)
- F1. Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/6th of the restricted stock unit ("RSU") award granted on July 1, 2025.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. Includes 307 shares acquired on March 31, 2026 under the Company's 2004 Employee Stock Purchase Plan, as amended from time to time.
- F4. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F5. 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.
- F6. A total of 1,864 RSUs were originally granted on July 1, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in ten successive quarterly installments, commencing on October 1, 2025, with (i) 1/6th of such RSUs vesting on 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 three successive vesting dates; and (iv) the remainder of such RSUs vesting on the tenth vesting date (January 1, 2028).
Key Figures
Key Terms
Restricted Stock Units financial
Rule 10b5-1 trading plan regulatory
Employee Stock Purchase Plan financial
tax-withholding disposition financial
Incentive Award Plan financial
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