Deskus Archana 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
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
- Award
Restricted Stock Units
[F1][F2]2026-05-27+18.012→ 2,919.626 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.