[Form 4] COGNIZANT TECHNOLOGY SOLUTIONS CORP Insider Trading Activity
Rhea-AI Filing Summary
Alina Kerdman, SVP, Controller & CAO of Cognizant Technology Solutions Corp (CTSH), reported equity activity on 09/15/2025. 200 shares were acquired upon the vesting of RSUs granted March 3, 2025, and 69 shares were withheld to satisfy taxes at a reported price of $69.17 per share. After these transactions Kerdman beneficially owned 511 Class A shares and continued to hold 1,995 unvested RSUs from the original grant of 2,394 RSUs that vest quarterly through March 15, 2028.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider received vested equity and had shares withheld for taxes, indicating routine compensation vesting.
The filing documents a standard vesting event: 200 RSUs vested and converted into Class A common shares while 69 shares were withheld to satisfy tax obligations at $69.17 per share. The remaining balance shows 1,995 RSUs still outstanding from the March 3, 2025 grant that vests quarterly through March 15, 2028. This is a non-cash compensation conversion rather than an open-market purchase or sale, so it has limited immediate balance-sheet impact but increases the insider's direct share count.
TL;DR Filing reflects expected executive equity vesting and routine tax withholding, consistent with incentive plan terms.
The disclosure aligns with the company's 2023 Incentive Award Plan: an original grant of 2,394 RSUs began vesting quarterly and 1/12th vested on the reported date. The record shows compliance with withholding to cover taxes and proper reporting by power of attorney. No departures, option exercises at a premium, or unusual transactions are indicated.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 200 | $0.00 | -- |
| Exercise | Class A Common Stock | 200 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 69 | $69.17 | $5K |
Footnotes (1)
- 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 March 3, 2025. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 2,394 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 15, 2025, 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 15, 2028).