[Form 4] Cognizant Technology Solutions Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
2,860 shares exercised/converted
Mixed
4 txns
Insider
Silvent Karima
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,860 | $0.00 | -- |
| Disposition | Restricted Stock Units | 0.949 | $76.73 | $72.82 |
| Exercise | Class A Common Stock | 2,860 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 23 | $76.73 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0.949 shares (Direct);
Class A Common Stock — 2,860 shares (Direct)
Footnotes (1)
- Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on July 11, 2024, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. 2,818 of the RSUs were originally granted on July 11, 2024, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on July 11, 2025. Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU.