Cognizant (CTSH) Director Abdalla Zein Receives 21.827 RSUs
$CTSH · COGNIZANT TECHNOLOGY SOLUTIONS CORPResearch Summary
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Cognizant (CTSH) Director Abdalla Zein Receives 21.827 RSUs
What Happened Abdalla Zein, a director of Cognizant Technology Solutions Corp (CTSH), received an award of 21.827 restricted stock units (RSUs) on August 25, 2026. The grant is recorded at $0.00 per unit (total reported value $0) because these are contingent equity awards (derivative securities), not a cash purchase. These RSUs were granted as dividend equivalent rights accrued on previously outstanding RSUs and will vest in full on June 2, 2027.
Key Details
- Transaction date: 2026-08-25; filing date: 2026-08-27.
- Award: 21.827 RSUs; reported price per share: $0.00; reported total value: $0 (derivative grant).
- Post-transaction share ownership: not disclosed in the data provided here.
- Footnotes: (F1) RSUs reflect dividend equivalent rights on previously outstanding RSUs; each RSU equals a contingent right to one share. (F2) RSUs vest fully on June 2, 2027.
- No indication of a 10b5-1 plan, sale, purchase, or tax-withholding event in the reported transaction.
Context RSU grants to directors are a common form of compensation and are different from open-market purchases or sales; they do not necessarily signal immediate bullish or bearish insider sentiment. These RSUs are contingent until vesting (June 2, 2027), at which point they may convert into shares (and could be subject to tax withholding or other settlement terms).