Cognizant (NASDAQ: CTSH) director adds RSUs from dividend equivalents

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

COGNIZANT TECHNOLOGY SOLUTIONS CORP director Abraham Schot received a small additional equity award. He acquired 18.0122 restricted stock units as a grant tied to dividend equivalent rights on previously outstanding units. Each unit corresponds to one share of Class A Common Stock and will fully vest on June 3, 2026, bringing his total reported restricted stock units to 2,919.6262.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schot Abraham

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 Total RSUs after transaction: 2,919.6262 units RSU vesting date: June 3, 2026

3 metrics

RSUs granted 18.0122 units Restricted stock units from dividend equivalent rights on 2026-05-27

Total RSUs after transaction 2,919.6262 units Restricted stock units held after grant

RSU vesting date June 3, 2026 Date when the reported restricted stock units vest fully

Key Terms

Restricted Stock Units, dividend equivalent rights, Class A Common Stock

3 terms

Restricted Stock Units financial

"Reflects restricted stock units received pursuant to dividend equivalent rights accrued"

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.

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 04:12 PM

SEC Form 4

FORM 4

UNITED 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^*

Schot Abraham

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/27/2026		A⁽¹⁾		18.0122		⁽²⁾	⁽²⁾	Class A Common Stock	18.0122	$0	2,919.6262	D

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 Abraham Schot, by Power of Attorney	05/29/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CTSH director Abraham Schot report on this Form 4?

Abraham Schot reported receiving 18.0122 restricted stock units as an equity award. These units were granted through dividend equivalent rights on previously outstanding restricted stock units and increase his total reported restricted stock unit holdings in Cognizant Technology Solutions.

How many Cognizant (CTSH) restricted stock units does Abraham Schot hold after this transaction?

After this transaction, Abraham Schot holds 2,919.6262 restricted stock units. This figure reflects his updated position following the 18.0122-unit grant reported, providing a view of his total contingent right to Class A Common Stock through these awards.

What are the key terms of the restricted stock units granted to Abraham Schot at Cognizant (CTSH)?

The grant consists of 18.0122 restricted stock units, each representing a contingent right to one share of Class A Common Stock. The footnotes state these units arise from dividend equivalent rights and will fully vest on June 3, 2026, subject to the award’s conditions.

When will Abraham Schot’s newly granted Cognizant (CTSH) restricted stock units vest?

The newly granted restricted stock units will vest fully on June 3, 2026. Vesting means Schot’s contingent right to receive Class A Common Stock becomes non-forfeitable on that date, assuming any underlying conditions in the award are satisfied.

What is the source of the new restricted stock units reported by Abraham Schot at CTSH?

The footnotes explain the 18.0122 restricted stock units were received through dividend equivalent rights on existing restricted stock units. Dividend equivalents credit additional units in connection with dividends that would have been paid on the underlying stock.