Cognizant CLO reports RSU vesting, tax withholding
COGNIZANT TECHNOLOGY SOLUTIONS CORP executive John Sunshin Kim, the company’s CLO, CAO and Corporate Secretary, reported routine equity compensation activity in Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP executive John Sunshin Kim, the company’s CLO, CAO and Corporate Secretary, reported routine equity compensation activity in Class A Common Stock. Several restricted stock unit (RSU) awards vested into a total of 4,400 shares of common stock through multiple derivative exercises coded “M.”
To cover tax obligations from these vestings, 2,388 shares of Class A Common Stock were withheld at $55.76 per share in a transaction coded “F,” which is a tax-withholding disposition rather than an open-market sale. The filing reflects scheduled RSU vesting and related tax payments, not discretionary buying or selling of shares.
Insider Trade Summary
4,400 shares exercised/converted
Exercise
9 txns
Insider
Kim John Sunshin
Role
CLO, CAO & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,274 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 478 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,241 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 407 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,274 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 478 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,241 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 407 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,388 | $55.76 | $133K |
Holdings After Transaction:
Restricted Stock Units — 32,774 contracts (Direct);
Class A Common Stock — 42,134 shares (Direct)
Footnotes (11)
- 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. 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 Class A Common Stock of the Company received from the vesting of 1/3rd of 1/8th of the RSU award granted on February 28, 2024.
- F5. 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.
- F6. 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.
- F7. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F8. A total of 15,290 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).
- F9. A total of 11,467 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 (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, 2027).
- F10. A total of 26,903 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).
- F11. A total of 3,261 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 (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
Tax-withholding shares: 2,388 shares
Tax-withholding price: $55.76 per share
RSU exercises: 4,400 shares
+5 more
8 metrics
Tax-withholding shares
2,388 shares
Shares of Class A Common Stock withheld to pay applicable taxes
Tax-withholding price
$55.76 per share
Value used for 2,388 tax-withheld shares
RSU exercises
4,400 shares
Total shares from derivative exercises coded M on Class A Common Stock
RSU grant size
15,290 RSUs
Granted February 28, 2024; vests 1/12 quarterly through March 1, 2027
RSU grant size
11,467 RSUs
Granted February 28, 2024; vests in staged 1/8 fractions through March 1, 2027
RSU grant size
26,903 RSUs
Granted February 25, 2026; vests 1/12 quarterly through March 1, 2029
RSU grant size
3,261 RSUs
Granted February 25, 2026; vests in staged 1/8 fractions through March 1, 2029
ESPP acquisition
307 shares
Shares acquired March 31, 2026 under 2004 Employee Stock Purchase Plan
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, Incentive Award Plan, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted..."
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.
Employee Stock Purchase Plan financial
"Includes 307 shares acquired on March 31, 2026 under the Company's 2004 Employee Stock Purchase Plan, as amended from time to time."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Incentive Award Plan financial
"A total of 15,290 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan..."
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
tax-withholding disposition financial
"Shares of the Company's Class A Common Stock withheld to pay applicable taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CTSH executive John Sunshin Kim report?
John Sunshin Kim reported RSU vesting and related tax withholding. Multiple RSU awards converted into 4,400 shares of Class A Common Stock, and 2,388 shares were withheld to pay taxes at $55.76 per share.
Did the CTSH insider Form 4 show any open-market stock sales?
The Form 4 shows no open-market sales. It records RSU vesting (code M) and a tax-withholding disposition (code F), where 2,388 shares were withheld to satisfy tax liabilities rather than sold in the market.
What RSU grants are described in the Cognizant (CTSH) Form 4 footnotes?
Footnotes describe RSU grants of 15,290, 11,467, 26,903, and 3,261 units, all under the 2023 Incentive Award Plan. These RSUs vest quarterly over three years, with final vesting dates noted as March 1, 2027 and March 1, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
