Cognizant SVP has 621 RSUs vest, 206 shares withheld
Cognizant’s SVP, Controller & CAO received vested RSUs into common stock, with a portion of shares withheld for tax obligations.
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) reported that Alina Kerdman, its SVP, Controller & CAO, had restricted stock units vest on September 1, 2026, converting into 621 shares of Class A Common Stock from three RSU awards. Of these, 206 shares were withheld to pay applicable taxes, with the remaining shares retained as directly owned stock. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, and the RSUs vest over three-year schedules in quarterly installments under the company’s 2023 Incentive Award Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F6 | 199 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F7 | 14 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F8 | 408 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 199 | -- | -- |
| Exercise | Class A Common Stock F3, F2 | 14 | -- | -- |
| Exercise | Class A Common Stock F4, F2 | 408 | -- | -- |
| Tax Withholding | Class A Common Stock F5 | 206 | $64.58 | $13K |
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 1/3rd of 1/8th of the RSU award granted on February 28, 2024.
- F4. 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.
- F5. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F6. A total of 2,382 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 331 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).
- F8. A total of 4,891 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).
Key Figures
Key Terms
restricted stock unit financial
Class A Common Stock financial
2023 Incentive Award Plan financial
quarterly installments financial
vesting date financial
FAQ
What insider equity activity did CTSH report for Alina Kerdman on September 1, 2026?
What RSU grants underlie the September 1, 2026 CTSH Form 4 for Alina Kerdman?
Does the September 1, 2026 CTSH insider activity involve a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.