[Form 4] Cognizant Technology Solutions Insider Trading Activity
Insider Form 4 summary for Cognizant (CTSH) Surya Gummadi, President - Americas and an officer of Cognizant, reported transactions on 09/01/2025 reflecting the vesting of restricted stock units (RSUs) originally granted on February 28, 2024. A total of 1,168 RSUs vested (1/12th of a 14,016 RSU grant) and 637 RSUs vested from a separate 7,645 RSU grant according to their respective vesting schedules. The report shows 897 shares were sold or withheld at a price of $72.25 to satisfy applicable taxes. After these transactions, Mr. Gummadi beneficially owned 43,398 shares of Class A common stock. The filing is a routine disclosure of equity compensation vesting and tax withholding.
- Vesting of equity compensation occurred, converting RSUs into Class A shares which aligns executive compensation with shareholder interests
- Beneficial ownership increased to 43,398 Class A shares following the reported vesting events
- 897 shares were withheld/sold at $72.25 to satisfy taxes, reducing the net shares received from vesting
Insights
TL;DR: Routine executive equity vesting disclosed; no new purchases or sales beyond tax withholding.
The filing documents standard vesting mechanics for RSU grants made in February 2024. It reports incremental vesting events (quarterly schedules) and the withholding of 897 shares to cover taxes at a $72.25 share price. This is a typical compensation settlement rather than an active trade decision and does not indicate a change in corporate control or a material shift in insider ownership.
TL;DR: Vesting increased reported beneficial ownership modestly; tax-withheld shares reduced net share receipt.
The report increases Mr. Gummadi's reported Class A holdings to 43,398 shares after quarter-based vesting from two RSU awards. The transactions are recorded as vesting (codes M) and a tax-related disposition (code F) at $72.25. For investors tracking insider holdings, this is a routine compensation event with limited informational impact beyond disclosure of ongoing dilution from equity compensation programs.