Deskus Archana 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) Director Archana Deskus Receives RSU Shares
What Happened
- Archana Deskus, a director of Cognizant Technology Solutions (CTSH), received shares from restricted stock unit (RSU) activity in early June 2026. The filing shows an award/vesting event for 4,171 RSUs (acquired at $0) and related exercise/conversion entries for 2,919 derivative units. A fractional share (0.626) was disposed to the issuer for $55.14 per share, totaling $35 (cash in lieu).
Key Details
- Transaction dates: June 2–3, 2026. Filing date: June 4, 2026 (timely).
- Reported entries: Award/vest of 4,171 RSUs (code A, acquired at $0.00); exercise/conversion entries for 2,919 derivative units (code M); disposition to issuer of 0.626 share at $55.14 for $35 (code D, cash in lieu).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes summary:
- F1/F4: Shares were received in connection with vesting of RSUs granted June 3, 2025 and related dividend-equivalent RSUs; the reporting person only received whole shares and the fractional portion was cashed out.
- F2: Each RSU equals a contingent right to one share.
- F3: Some RSUs have a future vest date referenced in the filing (June 2, 2027) for other awards.
- F5: The $35 represents payment in lieu of a fractional share and cancellation of the fractional RSU.
Context
- This filing documents RSU vesting/conversion and a routine cash payment for a fractional share — not an open‑market buy or sell intended to signal market sentiment. For retail investors, award/vesting events are compensation-related and do not necessarily reflect an insider’s view on the stock.
Insider Transaction Report
Form 4
Deskus Archana
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-06-03+2,919→ 20,520 total - Award
Restricted Stock Units
[F2][F3]2026-06-02+4,171→ 4,171 total→ Class A Common Stock (4,171 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-06-03−2,919→ 0.626 total→ Class A Common Stock (2,919 underlying) - Disposition to Issuer
Restricted Stock Units
[F2][F5][F4]2026-06-03$55.14/sh−0.626$35→ 0 total→ Class A Common Stock (0.626 underlying)
Footnotes (5)
- [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received in connection with the vesting of 100% of the restricted stock unit ("RSU") award granted on June 3, 2025, and the related RSUs received pursuant to dividend equivalent rights; provided, however, that the reporting person was only entitled to receive whole shares and the fractional share related thereto was disposed of separately.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]The RSUs will vest fully on June 2, 2027.
- [F4]2,863 of the RSUs were originally granted on June 3, 2025, under the Company's 2023 Incentive Award Plan (the "Plan") and subsequent RSUs were granted pursuant to dividend equivalent rights. The original RSUs and the related RSUs received pursuant to dividend equivalent rights vested fully on June 3, 2026.
- [F5]Represents the payment of cash in lieu of a fractional share related to the RSUs described above in accordance with the Plan and the cancellation of the corresponding fractional RSU.
Signature
/s/ Melissa Glass, on behalf of Archana Deskus, by Power of Attorney|2026-06-04