Cognizant CFO RSUs Vest, 1,964 Shares Convert to Class A Stock
Cognizant Technology Solutions reported an insider equity transaction by its Chief Financial Officer, Jatin P. Dalal.
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Rhea-AI Filing Summary
Cognizant Technology Solutions reported an insider equity transaction by its Chief Financial Officer, Jatin P. Dalal. On December 1, 2025, 1,964 restricted stock units (RSUs) granted on February 28, 2024 vested, converting into the same number of shares of Class A common stock. Each RSU represents a right to receive one share.
To cover taxes on this vesting, 1,062 shares were withheld at a price of $77.71 per share. After these transactions, Dalal beneficially owned 35,317 shares of Class A common stock and held 9,822 RSUs. The original RSU grant totaled 23,572 units and is scheduled to vest in 12 equal quarterly installments from June 1, 2024 through March 1, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,964 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,964 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,062 | $77.71 | $83K |
Footnotes (4)
- F1. Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
- F2. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- F3. Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- F4. A total of 23,572 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
FAQ
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What insider transaction did Cognizant (CTSH) disclose for December 1, 2025?
What was the size and vesting schedule of the Cognizant (CTSH) RSU grant?
What does each Cognizant (CTSH) RSU represent in this Form 4 filing?
Which executive is involved in this Cognizant (CTSH) Form 4 transaction?
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