[Form 4] Cognizant Technology Solutions Insider Trading Activity
Kathryn Diaz, Chief People Officer of Cognizant Technology Solutions Corporation (CTSH), reported receipt of shares from the scheduled vesting of restricted stock units (RSUs) granted on September 6, 2023. On 09/06/2025, 468 shares were delivered upon vesting (representing 1/3rd of 1/6th of the original award) and 232 shares were withheld to satisfy applicable taxes at an indicated price of $71.82 per share. The filing shows 16,742 shares beneficially owned after the vesting event and 16,510 shares after the tax-withholding disposition. A total of 8,415 RSUs were originally granted and vest in a 10-quarter schedule that began December 6, 2023; remaining vesting continues through March 6, 2026. The Form 4 was submitted by a power of attorney on behalf of Ms. Diaz on 09/09/2025.
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Insights
TL;DR: Routine scheduled RSU vesting aligns executive pay with shareholder interests; tax withholding reduced delivered shares.
The filing documents a scheduled vesting tranche from a 2023 RSU grant, with 468 shares issued and 232 shares withheld for taxes at $71.82 per share. This is consistent with the disclosed 10-quarter vesting schedule for the original 8,415-RSU award. From a compensation perspective, this is a standard equity-delivery event that preserves alignment between management and shareholders while following customary tax-withholding practice. There are no indications of discretionary accelerations or atypical transactions in this Form 4.
TL;DR: Administrative insider disclosure of routine vesting; no governance concerns apparent from this report.
The Form 4 reflects an officer-level insider receiving vested equity per a previously disclosed award and a tax-withholding disposition. The submission was executed via power of attorney and filed promptly. The report contains clear explanations of the grant, vesting schedule, and share-for-tax withholding, and does not disclose any atypical transfers, pledges, or related-party transactions that would raise governance flags.