Cognizant (CTSH) CFO Jatin Dalal discloses RSU vesting and share withholding
Rhea-AI Filing Summary
Cognizant Technology Solutions Corp. Chief Financial Officer Jatin P. Dalal reported routine stock-based compensation activity involving the company’s Class A Common Stock. On December 15, 2025, 1,846 shares were issued from the vesting of 1/12th of a restricted stock unit (RSU) award granted on March 3, 2025, and 973 shares were issued from the vesting of 1/8th of a separate RSU award granted on the same date. To cover applicable taxes, 1,546 shares were withheld at a price of $83.94 per share.
Following these transactions, Dalal directly held 37,588 shares of Class A Common Stock. He also continued to hold derivative awards, including 16,615 RSUs related to the first grant and 4,865 RSUs related to the second grant, each representing a contingent right to receive one share of Class A Common Stock. Both RSU grants were made under Cognizant’s 2023 Incentive Award Plan and vest in quarterly installments through March 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,846 | $0.00 | -- |
| Exercise | Restricted Stock Units | 973 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,846 | $0.00 | -- |
| Exercise | Class A Common Stock | 973 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,546 | $83.94 | $130K |
Footnotes (1)
- Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on March 3, 2025. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on March 3, 2025. Shares of the Company's Class A Common Stock withheld to pay applicable taxes. A total of 22,153 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 15, 2025, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 15, 2028). A total of 7,783 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 15, 2025, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 15, 2028).
FAQ
What insider transaction did Cognizant (CTSH) report for its CFO on December 15, 2025?
What are the terms of the CFO’s 22,153 Cognizant (CTSH) RSU grant?
How do the CFO’s 7,783 Cognizant (CTSH) RSUs vest over time?
What does each Cognizant (CTSH) RSU represent in the CFO’s Form 4?