VELLI JOSEPH M 4

What Happened

• Velli Joseph M, a director of Cognizant Technology Solutions (CTSH), was granted 14.664 restricted stock units (RSUs) on February 26, 2026. The award is reported as an acquisition (code A) at $0.00 per share (no cash paid). Each RSU represents a contingent right to one share of Class A common stock.

Key Details

• Transaction date and price: 2026-02-26; 14.664 RSUs @ $0.00 (award).
• Vesting: RSUs will vest in full on June 3, 2026 (per footnote).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnotes: RSUs reflect dividend equivalent rights accrued on previously outstanding RSUs; each unit converts to one share if and when vested.
• Filing timeliness: Form 4 filed 2026-03-02 for a 2026-02-26 grant — appears to be filed on a timely basis.

Context

• These RSUs are a derivative award (not a market purchase or sale). They represent future potential ownership if and when they vest and convert to shares; no immediate cash transaction occurred. Awards like this are typically part of director compensation and should not be read as an immediate market-buy signal.