Cognizant (CTSH) Americas president sells 1,728 shares at $83.0574
Rhea-AI Filing Summary
Cognizant Technology Solutions executive Surya Gummadi, President - Americas, sold 1,728 shares of Class A Common Stock on February 2, 2026 at a weighted average price of $83.0574 per share.
The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on August 27, 2025. After this transaction, Gummadi beneficially owned 25,641 shares, held directly.
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FAQ
What insider transaction did CTSH executive Surya Gummadi report?
Surya Gummadi reported selling 1,728 shares of Cognizant Technology Solutions Class A Common Stock. The transaction occurred on February 2, 2026 at a weighted average price of $83.0574 per share, and was disclosed on a Form 4 insider trading report.
What is Surya Gummadi’s role at Cognizant Technology Solutions (CTSH)?
Surya Gummadi serves as President - Americas at Cognizant Technology Solutions. This officer role is disclosed in the Form 4 filing, which identifies him as an executive officer rather than a director or 10% beneficial owner of the company’s shares.
How many CTSH shares does Surya Gummadi hold after the reported sale?
After selling 1,728 shares, Surya Gummadi beneficially owned 25,641 shares of Cognizant Technology Solutions Class A Common Stock. The Form 4 indicates these shares are held with direct ownership following the completion of the February 2, 2026 transaction.
At what prices were the CTSH shares sold in Surya Gummadi’s Form 4 filing?
The reported price of $83.0574 per share is a weighted average. The Form 4 notes that individual trades occurred in multiple transactions at prices ranging from $82.49 to $83.37 per share, all included in the reported sale amount.
Was the CTSH insider sale by Surya Gummadi under a Rule 10b5-1 plan?
Yes. The Form 4 explains that the sales were executed pursuant to a Rule 10b5-1 trading plan. This plan was adopted by Surya Gummadi on August 27, 2025, allowing pre-arranged trades to occur according to predetermined instructions.
Can investors obtain detailed pricing for each CTSH trade in this Form 4?
Yes. The Form 4 states that Surya Gummadi will provide full information on the number of shares sold at each separate price within the $82.49 to $83.37 range upon request by the company, its security holders, or SEC staff.