Cognizant CFO has 6,448 RSUs vest, 3,504 withheld
Cognizant’s CFO had RSUs vest into common stock, with a portion withheld to cover taxes.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reports that Chief Financial Officer Jatin P. Dalal had 6,448 Restricted Stock Units vest and convert into an equal number of shares of Class A Common Stock on September 1, 2026 from several prior RSU grants under the 2023 Incentive Award Plan. Of the shares received, 3,504 were withheld at a price of $64.58 per share to pay applicable taxes, with the remainder retained as common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,448 shares exercised/converted
Exercise
7 txns
Insider
Dalal Jatin P
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F6 | 1,964 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F7 | 2,955 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F8 | 1,529 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 1,964 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 2,955 | -- | -- |
| Exercise | Class A Common Stock F4, F2 | 1,529 | -- | -- |
| Tax Withholding | Class A Common Stock F5 | 3,504 | $64.58 | $226K |
Holdings After Transaction:
Restricted Stock Units — 42,653 contracts (Direct);
Class A Common Stock — 49,055 shares (Direct)
Footnotes (8)
- F1. Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 25, 2026.
- F4. Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on February 25, 2026.
- F5. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F6. A total of 23,572 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
- F7. A total of 35,463 RSUs were originally granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2026, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2029).
- F8. A total of 12,228 were originally granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2026, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 1, 2029).
Key Figures
RSUs vested and converted: 6,448 units
RSU vesting tranches: 1,964; 2,955; 1,529 units
Shares withheld for taxes: 3,504 shares
+4 more
7 metrics
RSUs vested and converted
6,448 units
Total RSUs that vested and converted to Class A Common Stock on September 1, 2026
RSU vesting tranches
1,964; 2,955; 1,529 units
Three RSU tranches converting to Class A Common Stock on September 1, 2026
Shares withheld for taxes
3,504 shares
Class A Common Stock withheld to pay applicable taxes on September 1, 2026
Tax withholding price
$64.58 per share
Price used for withholding 3,504 shares to pay applicable taxes
Original RSU grant (2024)
23,572 units
RSUs originally granted on February 28, 2024, vesting quarterly to March 1, 2027
Original RSU grant (2026 – 3-year, 1/12th)
35,463 units
RSUs granted February 25, 2026, vesting in 1/12th quarterly installments to March 1, 2029
Original RSU grant (2026 – tiered 1/8th)
12,228 units
RSUs granted February 25, 2026, vesting in a tiered 1/8th schedule to March 1, 2029
Key Terms
Restricted Stock Units, contingent right, 2023 Incentive Award Plan, vesting in quarterly installments, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock of Cognizant Technology Solutions Corporation received from the vesting of 1/12th of the restricted stock unit"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock"
2023 Incentive Award Plan financial
"A total of 23,572 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan"
vesting in quarterly installments financial
"such originally granted amount began vesting in quarterly installments over three years"
withheld to pay applicable taxes financial
"Shares of the Company's Class A Common Stock withheld to pay applicable taxes"
FAQ
What insider transactions did CTSH’s CFO report on September 1, 2026?
The CFO reported the vesting and conversion of 6,448 RSUs into Class A Common Stock and the withholding of 3,504 shares to pay applicable taxes, all on September 1, 2026.
How many Cognizant (CTSH) RSUs vested for the CFO in this Form 4?
A total of 6,448 Restricted Stock Units vested and converted into Class A Common Stock, in three tranches of 1,964, 2,955, and 1,529 RSUs from prior grants under the 2023 Incentive Award Plan.
Were the CTSH CFO’s transactions made under a Rule 10b5-1 trading plan?
The document-level checkbox for Rule 10b5-1 is unchecked, so no Rule 10b5-1 trading plan is reported for these transactions.
What do the RSU footnotes in the CTSH Form 4 explain?
The footnotes state that each RSU represents a contingent right to receive one share of Class A Common Stock and describe original grants of 23,572, 35,463, and 12,228 RSUs and their quarterly vesting schedules under the 2023 Incentive Award Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.