Cognizant (NASDAQ: CTSH) director adds RSUs via dividend equivalents
Rhea-AI Filing Summary
COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) director Vinita Bali reported an acquisition of restricted stock units (RSUs) tied to the company’s Class A Common Stock. On 2026-08-25, she received 21.8273 RSUs, granted as dividend-equivalent accruals on previously outstanding RSUs. These RSUs vest fully on June 2, 2027, and her directly held RSUs reported after this transaction total 4,192.8273 units, each representing a contingent right to one share of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bali Vinita
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 21.8273 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 4,192.8273 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. The restricted stock units will vest fully on June 2, 2027.
Key Figures
Restricted stock units acquired: 21.8273 units
RSUs following transaction: 4,192.8273 units
Vesting date of reported RSUs: June 2, 2027
+1 more
4 metrics
Restricted stock units acquired
21.8273 units
Grant/award acquisition on 2026-08-25 via dividend equivalent rights
RSUs following transaction
4,192.8273 units
Total restricted stock units directly held after the reported award
Vesting date of reported RSUs
June 2, 2027
Restricted stock units vest fully on this date
Underlying security shares
21.8273 shares
Each RSU represents a contingent right to one share of Class A Common Stock
Key Terms
Restricted Stock Units, dividend equivalent rights, Class A Common Stock, Grant, award, or other acquisition
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"
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
"receive one share of Class A Common Stock of the Company"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did CTSH director Vinita Bali report?
Vinita Bali reported an acquisition of 21.8273 restricted stock units (RSUs) of Cognizant Technology Solutions Corp on 2026-08-25. The RSUs were received as dividend equivalent rights on previously outstanding RSUs and relate to Class A Common Stock.
How many CTSH restricted stock units does Vinita Bali hold after this Form 4?
After the reported transaction, Vinita Bali holds 4,192.8273 restricted stock units directly. Each RSU represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corp.
When do Vinita Bali’s newly reported CTSH RSUs vest?
The restricted stock units reported in this filing vest fully on June 2, 2027. Until vesting, they remain contingent rights to receive an equivalent number of shares of Cognizant’s Class A Common Stock.
What is the nature of the RSUs acquired by Vinita Bali at CTSH?
The 21.8273 RSUs reflect dividend equivalent rights accrued on previously outstanding restricted stock units. Each unit represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corp upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
