Cognizant (NASDAQ: CTSH) HR chief nets RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cognizant Technology Solutions’ Chief People Officer Kathryn Diaz reported routine equity compensation activity. On February 16, 2026, 377 shares of Class A common stock were delivered upon vesting of previously granted restricted stock units. Of these, 201 shares were withheld at a price of $66.55 per share to cover taxes, leaving her with 18,247 directly held shares after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
377 shares exercised/converted
Mixed
3 txns
Insider
Diaz Kathryn
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 377 | $0.00 | -- |
| Exercise | Class A Common Stock | 377 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 201 | $66.55 | $13K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 18,448 shares (Direct)
Footnotes (1)
- Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the fully vested restricted stock unit ("RSU") award granted on February 16, 2023. 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. A total of 4,520 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date and the remainder of the RSUs were fully vested on February 16, 2026.
FAQ
What insider transaction did Cognizant (CTSH) disclose for Kathryn Diaz?
Cognizant’s Chief People Officer Kathryn Diaz reported RSU vesting that delivered 377 Class A shares. A portion of these shares was then withheld to satisfy tax obligations, reflecting standard executive equity compensation practices rather than an open-market purchase or sale.
What was the original size and vesting schedule of Kathryn Diaz’s Cognizant RSU grant?
The original award was 4,520 restricted stock units granted on February 16, 2023. These RSUs vested in quarterly installments over three years, with one-twelfth vesting each quarter and the remaining units fully vested on February 16, 2026, under Cognizant’s 2017 Incentive Award Plan.