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.