Cognizant (NASDAQ: CTSH) director Zein Abdalla receives additional RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abdalla Zein reported acquisition or exercise transactions in this Form 4 filing.
COGNIZANT TECHNOLOGY SOLUTIONS CORP director Zein Abdalla reported a small equity-based compensation change. On May 27, 2026, he received 18.0122 restricted stock units as a grant tied to dividend equivalent rights on previously outstanding units. Each restricted stock unit represents one share of Class A Common Stock. Following this award, his total restricted stock unit holdings rose to 2,919.6262 units, which will fully vest on June 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abdalla Zein
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 18.012 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,919.626 shares (Direct, null)
Footnotes (1)
- Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company. The restricted stock units will vest fully on June 3, 2026.
Key Figures
RSUs granted: 18.0122 units
RSU holdings after grant: 2,919.6262 units
Grant price per unit: $0.0000
+2 more
5 metrics
RSUs granted
18.0122 units
Restricted Stock Units granted May 27, 2026
RSU holdings after grant
2,919.6262 units
Total restricted stock units following transaction
Grant price per unit
$0.0000
Equity award, not an open-market purchase
Vesting date
June 3, 2026
Restricted stock units vest fully on this date
Security type
Restricted Stock Units
Each RSU represents one share of Class A Common Stock
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, vest fully
4 terms
Restricted Stock Units financial
"Reflects restricted stock units received pursuant to dividend equivalent rights"
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 equivalent rights financial
"received pursuant to dividend equivalent rights accrued on previously outstanding"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest fully financial
"The restricted stock units will vest fully on June 3, 2026"
FAQ
What insider transaction did Zein Abdalla report for Cognizant (CTSH)?
Director Zein Abdalla reported receiving 18.0122 restricted stock units in Cognizant. These units were granted as dividend equivalents on previously outstanding RSUs and represent additional equity-based compensation rather than an open-market purchase or sale of Class A Common Stock.
How many Cognizant (CTSH) restricted stock units does Zein Abdalla hold after this Form 4?
After this transaction, Zein Abdalla holds 2,919.6262 restricted stock units in Cognizant. Each unit represents a contingent right to receive one share of Class A Common Stock, reflecting his accumulated equity awards as a company director.
Why did Zein Abdalla receive 18.0122 new RSUs in Cognizant (CTSH)?
The 18.0122 newly reported restricted stock units were received due to dividend equivalent rights on previously outstanding RSUs. This means dividends on Cognizant’s stock generated additional RSUs rather than cash, increasing his equity-based compensation balance over time.
When do Zein Abdalla’s newly reported Cognizant (CTSH) RSUs vest?
The restricted stock units reported in this Form 4 will vest fully on June 3, 2026. Vesting means the units become non-forfeitable, giving him the right to receive an equivalent number of Cognizant Class A Common Stock shares at that date.
Is Zein Abdalla’s Form 4 for Cognizant (CTSH) a stock purchase or sale?
This Form 4 does not show a market purchase or sale of Cognizant shares. Instead, it reports an acquisition of 18.0122 restricted stock units as a grant related to dividend equivalent rights on previously awarded equity, with no cash transaction price per share.