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Cognizant Form 4: Vinita Bali Granted 12.38 RSUs, Vesting June 3, 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vinita Bali, a director of Cognizant Technology Solutions (CTSH), received 12.3818 restricted stock units (RSUs) on 08/26/2025 as dividend equivalents on previously outstanding RSUs. Each RSU represents a contingent right to one share of the company's Class A common stock and was reported as having $0 purchase price. After this grant, Ms. Bali beneficially owns 2,875.3818 shares in total.

The newly received RSUs will vest in full on June 3, 2026. The Form 4 was filed by a single reporting person and signed on behalf of Vinita Bali by power of attorney on 08/28/2025.

Positive

  • Director received equity-based compensation (12.3818 RSUs), aligning interests with shareholders
  • Clear vesting schedule: RSUs vest fully on June 3, 2026, promoting retention
  • Beneficial ownership disclosed: total increased to 2,875.3818 shares, improving transparency

Negative

  • No material negative developments disclosed in this Form 4

Insights

TL;DR: Director received a small RSU dividend-equivalent grant increasing her beneficial ownership modestly; vesting in 2026.

The transaction is a non-cash issuance of 12.3818 RSUs reflecting dividend equivalents on existing restricted stock units. The grant carries no immediate cash cost to the reporting person and represents a small incremental increase in ownership to 2,875.3818 shares. Vesting is delayed until June 3, 2026, which maintains alignment of the director with shareholder interests over the next year but is immaterial to company financials or share count at present.

TL;DR: Routine director compensation detail; aligns with standard equity-based pay practices and includes customary vesting schedule.

Reporting clarifies that the RSUs were issued as dividend equivalents on preexisting awards and will vest on a specified future date, which is consistent with governance practices to retain directors and tie compensation to long-term performance. The filing was executed by power of attorney, which is a common administrative practice for insider reporting. No governance irregularities or accelerated vesting clauses are disclosed.

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*
Bali Vinita

(Last) (First) (Middle)
C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP.
300 FRANK W. BURR BLVD., STE. 36, 6 FL.

(Street)
TEANECK NJ 07666

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/26/2025 A(1) 12.3818 (2) (2) Class A Common Stock 12.3818 $0 2,875.3818 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/ Kelli Arman, on behalf of Vinita Bali, by Power of Attorney 08/28/2025
** 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.

FAQ

What did Vinita Bali report on the Form 4 for CTSH?

She reported receipt of 12.3818 restricted stock units as dividend equivalents on 08/26/2025 and now beneficially owns 2,875.3818 shares.

When do the RSUs reported by Vinita Bali vest?

The RSUs vest fully on June 3, 2026 according to the filing.

What was the price paid for the RSUs reported on the Form 4?

The reported price is $0, reflecting issuance as dividend equivalents rather than a cash purchase.

Who filed the Form 4 and when was it signed?

The Form 4 was filed by one reporting person and signed on behalf of Vinita Bali by power of attorney on 08/28/2025.

How many shares does Vinita Bali beneficially own after the transaction?

She beneficially owns 2,875.3818 shares following the reported transaction.
Cognizant Technology Solutions

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31.07B
477.75M
Information Technology Services
Services-computer Programming Services
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United States
TEANECK