COGNIZANT TECHNOLOGY SOLUTIONS CORP·4

May 29, 4:11 PM ET

Deskus Archana 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Cognizant (CTSH) Director Archana Deskus Receives Award

What Happened
Archana Deskus, a director of Cognizant Technology Solutions (CTSH), was granted 18.012 restricted stock units (RSUs) on May 27, 2026. The grant was recorded as an award/derivative (transaction code A) with a reported acquisition price of $0.00 (no cash paid). The filing states these RSUs were issued as dividend equivalent rights accrued on previously outstanding RSUs and each RSU is a contingent right to receive one share of Class A common stock.

Key Details

  • Transaction date: 2026-05-27 (Period of Report)
  • Filing date: 2026-05-29 (filed within the standard 2-business-day window — timely)
  • Grant: 18.012 restricted stock units; price reported $0.00; cash value at grant reported as $0
  • Vesting: RSUs will vest fully on June 3, 2026 (per footnote)
  • Footnotes: F1 — RSUs reflect dividend equivalents accrued on previously outstanding RSUs; F2 — full vesting date June 3, 2026
  • Shares owned after transaction: Not disclosed in the provided Form 4
  • Transaction code: A (Award/Grant); classified as a derivative award

Context
RSUs are compensation awards that convert to shares at vesting and do not represent an open-market purchase or sale by the insider. Such awards are common for executive and director compensation and do not by themselves indicate insider confidence or a trade-based view of the stock. Upon vesting, RSUs typically result in issuance of shares (sometimes net of tax withholding).

Insider Transaction Report

Form 4
Period: 2026-05-27
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-05-27+18.0122,919.626 total
    Class A Common Stock (18.012 underlying)
Footnotes (2)
  • [F1]Reflects restricted stock units received pursuant to dividend equivalent rights accrued on previously outstanding restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of the Company.
  • [F2]The restricted stock units will vest fully on June 3, 2026.
Signature
/s/ Melissa Glass, on behalf of Archana Deskus, by Power of Attorney|2026-05-29

Documents

1 file
  • 4
    wk-form4_1780085490.xmlPrimary

    FORM 4