[Form 4] COGNIZANT TECHNOLOGY SOLUTIONS CORP Insider Trading Activity
Rhea-AI Filing Summary
Cognizant Technology Solutions executive Balu Ganesh Ayyar, President – APJ and ISG, reported equity compensation vesting rather than open-market trading. On March 15, 2026, 848 restricted stock units and 7,771 performance stock units were exercised and settled into a total of 8,619 shares of Class A common stock at a $0.00 exercise price.
The RSUs relate to a 10,178-unit award granted on March 3, 2025 that vests in quarterly installments through March 15, 2028. The PSUs were originally granted on March 6, 2023, with a portion of performance conditions satisfied on February 25, 2026. Following these settlements, Ayyar directly holds 109,268 shares of Cognizant Class A common stock. No sales or tax-withholding dispositions were reported in this filing, and no remaining derivative positions are shown.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 848 | $0.00 | -- |
| Exercise | Performance Stock Units | 7,771 | $0.00 | -- |
| Exercise | Class A Common Stock | 848 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,771 | $0.00 | -- |
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. Reflects the settlement, in shares of Class A Common Stock of the Company, of performance-based stock units ("PSUs"). The PSUs were originally granted on March 6, 2023, under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 25, 2026, and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2026. Each PSU represents a contingent right to receive one share of Class A Common Stock of the Company. A total of 10,178 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 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).