Cognyte (NASDAQ: CGNT) CCO reports 677,386-share initial holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cognyte Software Ltd. Chief Customer Officer Sharon Chouli filed an initial ownership report showing beneficial ownership of 677,386 Ordinary Shares. This establishes her baseline equity stake as a senior executive.
The total includes performance share units and restricted share units granted in 2023, 2024, 2025 and 2026, with vesting dates running from April 2026 through March 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chouli Sharon
Role
Chief Customer Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 677,386 shares (Direct)
Footnotes (1)
- Includes 118,987 Ordinary Shares that are represented by performance share units ("PSUs") that were granted on March 26, 2024, for which the performance conditions have been met and which will vest on April 11, 2026. Includes 12,667 Ordinary Shares that are represented by restricted share units ("RSUs") that were granted on July 26, 2023, all of which vest on May 10, 2026. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer upon settlement. Includes 31,925 Ordinary Shares that are represented by RSUs that were granted on March 26, 2024, of which 10,642 vest on March 26, 2026, 10,641 vest on September 26, 2026 and 10,642 vest on March 26, 2027. Includes 54,564 Ordinary Shares that are represented by RSUs that were granted on March 24, 2025, of which 10,913 vest on March 24, 2026, 10,913 vest on September 24, 2026, 10,912 vest on March 24, 2027, 10,913 vest on September 24, 2027 and 10,913 vest on March 24, 2028. Includes 64,088 Ordinary Shares that are represented by RSUs that were granted on March 16, 2026, and which vest in six equal semi-annual installments beginning six months after the grant date over three years.
FAQ
What does the Cognyte (CGNT) Form 3 filing by Sharon Chouli show?
The Form 3 shows that Chief Customer Officer Sharon Chouli beneficially owns 677,386 Cognyte Ordinary Shares. This includes time-based and performance-based share units granted across several years, setting her initial reported equity position as an executive officer of the company.
Over what period do Sharon Chouli’s Cognyte (CGNT) RSUs vest?
According to the filing, RSU grants vest on multiple dates: May 10, 2026; several dates in 2026 and 2027; and semi-annually for three years after March 16, 2026. These schedules run through March 24, 2028, aligning equity awards with longer-term service and performance.
What is Sharon Chouli’s role at Cognyte (CGNT) in the Form 3 filing?
The Form 3 identifies Sharon Chouli as an officer of Cognyte Software Ltd., serving as Chief Customer Officer. As an executive officer, she is required to report her initial beneficial ownership in company equity, which this filing records for investor transparency and regulatory compliance.