Cognizant (CTSH) Director Michael Patsalos‑Fox Receives RSU Awards

What Happened
Michael Patsalos‑Fox, a director of Cognizant Technology Solutions Corp (CTSH), was granted a total of 52.427 stock units on 2026-08-25 in two award entries (30.600 units and 21.827 units). Both transactions are coded as A (award/grant) and reported at $0.00 per unit, so no cash changed hands. The units are reported as deferred/restricted stock units (derivative securities) that represent rights to receive one share of Cognizant Class A common stock per unit.

Key Details

• Transaction date: 2026-08-25; Form 4 filed 2026-08-27 (timely filing).
• Grants: 30.600 units @ $0.00 (derivative) and 21.827 units @ $0.00 (derivative); total 52.427 units; aggregate reported value $0.
• Footnotes: units reflect dividend-equivalent accruals on previously outstanding units; some deferred RSUs are fully vested but will be settled upon the director’s termination of board service; other RSUs will vest fully on June 2, 2027.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Transaction code: A = Award/Grant (derivative RSUs). No 10b5-1 plan, sale, or tax-withholding event was indicated in the provided notes.

Context
These awards are derivative RSUs (each unit = one share when settled). The filing shows grants tied to dividend equivalents and standard director compensation practices. Because no cash was paid and some units are deferred until departure while others vest later, these entries reflect compensation/award mechanics rather than an open‑market buy or sell.