Cognizant Director Archana Deskus Receives Award of 21.827 RSUs

What Happened

• Archana Deskus, a director of Cognizant Technology Solutions (CTSH), was granted 21.827 restricted stock units (RSUs) on August 25, 2026. The Form 4 reports the acquisition at $0.00 per unit (derivative transaction), reflecting these RSUs were issued as dividend equivalent rights on previously outstanding RSUs.

Key Details

• Transaction date: 2026-08-25; filing date: 2026-08-27 (filed within the normal Form 4 reporting window).
• Instrument: 21.827 RSUs (derivative award) reported at $0.00 per unit on the Form 4.
• Vesting: The RSUs will vest fully on June 2, 2027 (footnote F2).
• Footnote: F1 notes each RSU is a contingent right to receive one share of Class A common stock when settled.
• Shares owned after the transaction: not specified in the details provided.

Context

• RSUs are compensation awards that convert to shares upon vesting; no cash purchase or sale occurred. This grant reflects dividend equivalent accruals on prior RSUs rather than an open-market trade, and does not by itself indicate a buy/sell signal.