[Form 4] COGNIZANT TECHNOLOGY SOLUTIONS CORP Insider Trading Activity
Rhea-AI Filing Summary
Diaz Kathryn reported acquisition or exercise transactions in this Form 4 filing.
Cognizant Technology Solutions reported that Chief People Officer Kathryn Diaz received several equity awards tied to the company’s Class A common stock. She was granted 11,821 restricted stock units (RSUs) on February 25, 2026, vesting in twelve equal quarterly installments from June 1, 2026 through March 1, 2029. An additional 3,261 RSUs were granted the same day under the 2023 Incentive Award Plan, with a more staggered quarterly vesting schedule that also runs to March 1, 2029. Each RSU represents a contingent right to receive one share of Class A common stock. The filing also reports 2,743 and 1,070 performance stock units (PSUs) linked to prior PSU grants from 2023, for which the Compensation and Human Capital Committee determined that approximately 57% of the performance criteria had been satisfied, allowing those portions to vest and settle in stock on March 15, 2026, if Diaz remains in service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 11,821 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,261 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 2,743 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 1,070 | $0.00 | -- |
Footnotes (1)
- 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"). A total of 11,821 RSUs were granted on February 25, 2026, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2026, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2029). A total of 3,261 RSUs were granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with (i) 1/8th of such RSUs vesting on each of June 1, 2026 and the next three quarterly anniversaries of such date; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the following four quarterly anniversaries of such date; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the following three quarterly anniversaries of such date; and (iv) the remainder of such RSUs vesting on the eleventh quarterly anniversary of such date (March 1, 2029). Each performance-based stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock of the Company. Represents a portion of the 4,791 PSUs (a) that were originally granted on March 6, 2023, pursuant to the Company's 2017 Incentive Award Plan and (b) for which the Company's Compensation and Human Capital Committee (the "Committee") determined, on February 25, 2026, that approximately 57% of the related performance criteria had been satisfied. In accordance with the award agreement, in light of the Committee's determination regarding the satisfaction of performance criteria, the portion of the award shown in Table II above will vest and settle in Class A Common Stock of the Company on March 15, 2026, provided that the Reporting Person remains in the Company's service through such date. Represents a portion of the 1,870 PSUs (a) that were originally granted on September 6, 2023, pursuant to the Company's 2023 Incentive Award Plan and (b) for which the Committee determined, on February 25, 2026, that approximately 57% of the related performance criteria had been satisfied. In accordance with the award agreement, in light of the Committee's determination regarding the satisfaction of performance criteria, the portion of the award shown in Table II above will vest and settle in Class A Common Stock of the Company on March 15, 2026, provided that the Reporting Person remains in the Company's service through such date.
