Mackay Leo S. Jr. 4

What Happened
Leo S. Mackay Jr., a director of Cognizant Technology Solutions Corp. (CTSH), was awarded a total of 55.891 derivative units on February 26, 2026 (23.724 + 17.503 + 14.664 units). Each unit is a restricted or deferred restricted stock unit (RSU) representing the right to receive one share of Class A common stock. The units were recorded at $0 (they reflect dividend-equivalent accruals and/or awards) and are derivative awards rather than cash purchases.

Key Details

• Transaction date: February 26, 2026; Price: $0.00 per unit; Total units: 55.891 RSUs.
• These RSUs are derivative rights to receive one share of Class A common stock per unit.
• Some of the RSUs are fully vested and will be settled upon the reporting person's termination of board service; others are subject to vesting/settlement conditions (including possible full vesting on June 3, 2026 and deferral elections per the company’s Non-Employee Director Compensation Guidelines).
• Shares owned after the transaction are not specified in this filing.
• Filing date: March 2, 2026 — appears to be filed within the typical 2-business-day Form 4 window for a Feb 26 transaction.

Context
These awards are compensation-related RSUs (including dividend-equivalent accruals) and do not represent an open-market purchase or sale. Such grants are common for non-employee directors as part of regular compensation and do not by themselves indicate the director is buying or selling shares for investment reasons.