Branderiz Eric 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) Director Eric Branderiz Receives RSU Award
What Happened Eric Branderiz, a director of Cognizant Technology Solutions Corporation (CTSH), was granted 4,171 restricted stock units (RSUs) on June 2, 2026. The grant is reported as a derivative award (Form 4 transaction code A) at $0.00 per unit (total reported value $0). Each RSU represents a contingent right to receive one share of Cognizant Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (appears timely).
- Grant: 4,171 RSUs at $0.00 (derivative award).
- Vesting: RSUs vest fully on June 2, 2027 (per footnote).
- Deferral: Branderiz elected to defer settlement (and any dividend equivalents) until the earlier of a change in control, death/permanent disability, or the first July 1 after termination of service.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction code: A (award/grant).
Context This was an award of deferred equity to a non-employee director, not an open-market purchase or sale—such grants are routine compensation and do not directly signal buying or selling intent. For retail investors, purchases are generally more informative than routine director compensation grants.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-02+4,171→ 4,171 total→ Class A Common Stock (4,171 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
- [F2]The RSUs will vest fully on June 2, 2027. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer payment of such RSUs (and corresponding dividend equivalents, if any) until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).