[Form 4] Cognizant Technology Solutions Insider Trading Activity
Balu Ganesh Ayyar, President - IOA & ISG at Cognizant Technology Solutions Corporation (CTSH), reported changes in beneficial ownership tied to restricted stock units granted on February 28, 2024. On 09/01/2025 the filing shows vesting activity: 1/12th of the RSU award vested and converted into shares, with each RSU representing a contingent right to one share. The report lists 5,415 underlying shares from the derivative schedule and shows 95,012 shares beneficially owned following the reported transaction(s). The filing was signed by power of attorney on 09/03/2025.
- Document explicitly states the vesting of RSUs granted on February 28, 2024 and the established quarterly vesting schedule.
- Filing confirms that each RSU converts to one share of Class A common stock as a contingent right.
- The non-derivative section reports a disposition of 95,012 Class A common shares on 09/01/2025 as shown in the filing.
Insights
TL;DR: This Form 4 documents routine executive compensation vesting and resulting share ownership change.
The filing records the scheduled vesting of RSUs awarded on February 28, 2024, with 1/12th of the award vesting on September 1, 2025. Each RSU converts to one share per the filing. The derivative table lists 5,415 shares underlying vested RSUs and the non-derivative table shows 95,012 shares beneficially owned after the transaction. This is a disclosure of compensation-related equity changes rather than a market trade or external transaction.
TL;DR: The Form 4 reflects standard equity compensation administration and required Section 16 reporting.
The report identifies the reporting person as an officer and records vesting under the company’s 2023 Incentive Award Plan. It specifies the original grant size (10,830 RSUs) and the quarterly vesting schedule that began June 1, 2024, culminating on March 1, 2027. Signature was provided by a power of attorney. The disclosure meets procedural requirements for insider reporting of vested awards.