Mackay Leo S. Jr. 4

What Happened Leo S. Mackay Jr., a director of Cognizant Technology Solutions Corp. (CTSH), was granted a total of 68.654 stock units on May 27, 2026 via three awards (29.142, 21.5 and 18.012 units). Each unit is a right to receive one share of Class A common stock; the awards show $0.00 per unit (these are equity awards, not an open-market purchase or sale).

Key Details

• Transaction date: May 27, 2026; Form 4 filed May 29, 2026 (appears timely).
• Units: 29.142 RSUs + 21.5 RSUs + 18.012 RSUs = 68.654 total; grant price reported $0.00 (award/derivative).
• Shares owned after transaction: not stated in the provided filing excerpt.
• Footnotes indicate a mix of deferred restricted stock units and restricted stock units, some representing dividend equivalents; some are fully vested and will be settled upon termination, others vest on June 3, 2026 and are subject to the director’s election to defer settlement per the company’s non-employee director compensation guidelines.
• Transaction type: Award/Grant (code A); no cash exchanged and no sale or purchase of underlying shares.

Context These are equity awards (deferred/restricted stock units), which are derivative rights to receive shares in the future under Cognizant’s director compensation rules. Such grants are routine compensation for non-employee directors and do not reflect an open-market purchase or sale.