Cognizant (NASDAQ: CTSH) CLO Kim sells 2,500 shares in 10b5-1 trade
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP executive John Sunshin Kim, the CLO, CAO & Corporate Secretary, reported selling 2,500 shares of Class A Common Stock at $57.05 per share. After this open-market sale, he directly holds 40,392 shares. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on May 4, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 2,500 shares
Net Sell
1 txn
Insider
Kim John Sunshin
Role
CLO, CAO & Corporate Secretary
Sold
2,500 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 2,500 | $57.05 | $143K |
Holdings After Transaction:
Class A Common Stock — 40,392 shares (Direct)
Footnotes (1)
- F1. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 4, 2026.
Key Figures
Shares sold: 2,500 shares
Sale price: $57.05 per share
Shares owned after sale: 40,392 shares
+1 more
4 metrics
Shares sold
2,500 shares
Class A Common Stock sold in the reported transaction
Sale price
$57.05 per share
Per-share price for the 2,500-share sale
Shares owned after sale
40,392 shares
Direct Class A Common Stock holdings following the transaction
Net share change
-2,500 shares
Net change in shares from the reported Form 4 transactions
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"executed pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"security title listed as Class A Common Stock in the transaction"
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.
open market or private transaction financial
"transaction code S described as Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cognizant (CTSH) report for John Sunshin Kim?
John Sunshin Kim reported selling 2,500 shares of Cognizant Class A Common Stock at $57.05 per share. This sale was characterized as an open market or private transaction and was executed pursuant to a Rule 10b5-1 trading plan.
Was the Cognizant (CTSH) insider sale by John Sunshin Kim made under a Rule 10b5-1 plan?
Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by John Sunshin Kim on May 4, 2026. Such plans allow pre-arranged trading according to specified instructions, separate from day-to-day market decisions.
What is John Sunshin Kim’s role at Cognizant (CTSH) in this Form 4?
In the Form 4, John Sunshin Kim is identified as CLO, CAO & Corporate Secretary of Cognizant Technology Solutions Corp. This indicates he serves as Chief Legal Officer, Chief Accounting Officer, and Corporate Secretary while also being the reporting person for this transaction.