Cognizant director granted 4,171 RSUs
WIJNBERG SANDRA S reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
WIJNBERG SANDRA S reported acquisition or exercise transactions in this Form 4 filing.
Cognizant Technology Solutions director Sandra S. Wijnberg received a grant of 4,171 Restricted Stock Units on June 2, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock. Following this award, she holds 4,171 RSUs directly.
The RSUs will vest fully on June 2, 2027. Wijnberg has elected, under the Company’s Non-Employee Director Compensation Guidelines, to defer payment of the vested RSUs and any related dividend equivalents until the earliest of a change in control, death or permanent disability, or a specified post-service date.
Insider Trade Summary
Grant/Award: 4,171 shares
Grant/Award
1 txn
Insider
WIJNBERG SANDRA S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,171 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 4,171 contracts (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
- F2. The RSUs will vest fully on June 2, 2027. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer payment of such RSUs (and corresponding dividend equivalents, if any) until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).
Key Figures
RSUs granted: 4,171 RSUs
RSUs after transaction: 4,171 RSUs
Vesting date: June 2, 2027
+1 more
4 metrics
RSUs granted
4,171 RSUs
Grant to director Sandra S. Wijnberg on June 2, 2026
RSUs after transaction
4,171 RSUs
Total Restricted Stock Units held directly following grant
Vesting date
June 2, 2027
Date when all 4,171 RSUs vest fully
Dividend equivalents
Included if any
Payment of dividend equivalents deferred with RSUs
Key Terms
Restricted Stock Units, dividend equivalents, Non-Employee Director Compensation Guidelines, change in control
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
dividend equivalents financial
"to defer payment of such RSUs (and corresponding dividend equivalents, if any)"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Non-Employee Director Compensation Guidelines financial
"pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer payment"
change in control financial
"until the first to occur of (1) a change in control, (2) the death"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cognizant (CTSH) director Sandra Wijnberg report in this Form 4?
Sandra S. Wijnberg reported receiving 4,171 Restricted Stock Units as a director of Cognizant. These RSUs are a stock-based compensation award that convert into shares of Class A Common Stock if vesting conditions are satisfied and payment is not further deferred.
How many Cognizant (CTSH) RSUs were granted to Sandra Wijnberg?
Sandra Wijnberg was granted 4,171 Restricted Stock Units. Each unit represents a contingent right to receive one share of Cognizant Class A Common Stock, giving her direct exposure to the company’s equity through this stock-based compensation award once vesting and payment conditions are met.
When do Sandra Wijnberg’s Cognizant (CTSH) RSUs vest?
The 4,171 Restricted Stock Units granted to Sandra Wijnberg will vest fully on June 2, 2027. Vesting means the units are no longer subject to forfeiture, although actual share delivery can still be deferred under the company’s Non-Employee Director Compensation Guidelines.
What deferral election did Sandra Wijnberg make for her Cognizant (CTSH) RSUs?
Sandra Wijnberg elected to defer payment of her RSUs and any dividend equivalents. Payment will occur on the earliest of a change in control, her death or permanent disability, or the first July 1 following her termination of service, excluding death or permanent disability.
What does each Cognizant (CTSH) RSU granted to Sandra Wijnberg represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Cognizant Class A Common Stock. The units are not actual shares until they vest and are settled, aligning director compensation with shareholder interests through equity-based incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
