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