Cognizant (CTSH) Officer Receives 1,067 Shares from RSU Vesting
Rhea-AI Filing Summary
Reporting person: Balu Ganesh Ayyar, an officer (President - IOA & ISG) of Cognizant Technology Solutions Corporation (CTSH), reported stock changes on 08/16/2025. The Form 4 discloses the vesting of restricted stock units: 1,004 RSUs vested (converted to 1,004 Class A shares) and an additional 63 RSUs vested (converted to 63 Class A shares), for a combined increase of 1,067 Class A shares.
The filing shows beneficial ownership following the transactions of 94,109 Class A shares. The RSUs originated from grants on February 16, 2023: one grant of 12,055 RSUs that vest quarterly over three years, and one grant of 1,506 RSUs with a specified staged quarterly vesting schedule culminating on February 16, 2026.
Positive
- Transparent disclosure of RSU vesting and resulting beneficial ownership for an officer of CTSH
- Vesting aligns compensation with previously granted awards (12,055 and 1,506 RSUs) and follows the stated schedule
Negative
- None.
Insights
TL;DR: Routine insider RSU vesting increased the officer's holdings by 1,067 shares; no sale or cash transaction reported.
The Form 4 documents non-derivative acquisitions resulting from scheduled vesting of RSUs granted in February 2023. The transactions are coded as internal compensatory vesting rather than market purchases or dispositions. The incremental share increase to 94,109 shares is informational for share count and insider position tracking but does not by itself indicate a material change in ownership percentage or company control.
TL;DR: This is a standard disclosure of equity compensation vesting under existing incentive plans.
The filing provides clear transparency on the composition and vesting cadence of two RSU grants from Feb 16, 2023. Details include the original grant sizes (12,055 and 1,506 RSUs) and the staged quarterly vesting pattern through Feb 16, 2026. From a governance perspective, the report complies with Section 16 disclosure requirements and shows no atypical acceleration, disposition, or 10b5-1 plan notation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,004 | $0.00 | -- |
| Exercise | Restricted Stock Units | 63 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,004 | $0.00 | -- |
| Exercise | Class A Common Stock | 63 | $0.00 | -- |
Footnotes (1)
- 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 16, 2023. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of Class A Common Stock of the Company received from the vesting of 1/3rd of 1/8th of the RSU award granted on February 16, 2023. A total of 12,055 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, 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 (February 16, 2026). A total of 1,506 RSUs were originally granted on February 16, 2023, under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (February 16, 2026).
