[Form 4] Cognizant Technology Solutions Insider Trading Activity
Eric Branderiz, a Cognizant (CTSH) director, reported receipt of restricted stock units (RSUs) on 08/26/2025. The Form 4 shows two RSU events: one for 34.7402 units and one for 12.3818 units. The filing notes each RSU represents a right to one share of Class A common stock and that the first set is fully vested while the second set vests on June 3, 2026.
The reporting person elected to defer settlement of the RSUs under the companys Non-Employee Director Compensation Guidelines until specified triggering events (change in control, death/permanent disability, or scheduled post-termination installment dates). The Form 4 was signed by power of attorney on behalf of Mr. Branderiz on 08/28/2025.
- RSUs granted/credited to the director, indicating continued alignment of director compensation with shareholder equity
- Deferral election was made, which preserves the directors shares for post-service or specified triggering events rather than immediate sale
- None.
Insights
TL;DR: Routine director equity accruals were reported; deferral election preserves governance-aligned compensation timing.
The filing documents customary director compensation mechanics rather than opportunistic trading. The report records dividend-equivalent RSUs credited to a non-employee director, with one tranche fully vested and another scheduled to vest on June 3, 2026. The directors election to defer settlement under the companys guidelines is a governance detail that delays share delivery without altering underlying economic rights until a triggering event.
TL;DR: Compensation-related RSUs were granted/credited and partly vested; deferral changes timing of share delivery, not amount.
The Form 4 shows RSUs reflecting dividend equivalents on previously granted awards. One tranche is fully vested and the other vests in mid-2026. Both tranches are subject to a deferral election, which affects when shares are issued but does not change the number of units reported. No cash sales or purchases of securities are disclosed in this filing.