STOCK TITAN

Cognizant (NASDAQ: CTSH) director Zein Abdalla receives additional RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  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.
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
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Abdalla Zein

(Last)(First)(Middle)
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.

(Street)
TEANECK NEW JERSEY 07666

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COGNIZANT TECHNOLOGY SOLUTIONS CORP [ CTSH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/27/2026A(1)18.0122 (2) (2)Class A Common Stock18.0122$02,919.6262D
Explanation of Responses:
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.
2. The restricted stock units will vest fully on June 3, 2026.
Remarks:
/s/ Melissa Glass, on behalf of Zein Abdalla, by Power of Attorney05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.