Deskus Archana 4

What Happened

Archana Deskus, a director of Cognizant Technology Solutions Corp. (CTSH), received an award of 14.664 restricted stock units (RSUs) on February 26, 2026. The RSUs were reported at an acquisition price of $0.00 (no cash paid). Each RSU represents a contingent right to one share of Class A common stock; the award will vest in full on June 3, 2026. This is a compensation award (not an open‑market buy or sale).

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02. Transaction code: A (award/grant).
• Quantity and price: 14.664 RSUs @ $0.00 reported (derivative award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs reflect dividend equivalent rights accrued on previously outstanding RSUs. F2 — RSUs vest fully on June 3, 2026.
• Timeliness: Filed March 2, 2026 covering a Feb 26 transaction; this generally falls within the two-business-day Form 4 reporting window (confirm official filing for timeliness status).

Context

RSU awards to directors are common as compensation and typically convert to actual shares only upon vesting; they do not represent an immediate purchase or sale. The grant size here (14.664 RSUs) is small and likely reflects an accrual of dividend equivalents rather than a material change in insider ownership or market sentiment.