Patsalos-Fox Michael 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 5, 2025
Insider Transaction Report
Form 4
Patsalos-Fox Michael
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2025-06-04+3,417→ 61,694 total - Exercise/Conversion
Restricted Stock Units
2025-06-04−3,417→ 0.301 total→ Class A Common Stock (3,417 underlying) - Disposition to Issuer
Restricted Stock Units
2025-06-04$80.32/sh−0.301$24→ 0 total→ Class A Common Stock (0.301 underlying)
Holdings
- 6,775(indirect: By LLC)
Class A Common Stock
Footnotes (5)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on June 4, 2024, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]All of the membership interests of the PFOXFAMILY LLC are held by a trust for the benefit of the Reporting Person's children and for which the Reporting Person's spouse is the co-trustee.
- [F4]3,366 of the RSUs were originally granted on June 4, 2024, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to the dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 4, 2025.
- [F5]Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU.