Dineen John M. 4

What Happened

• John M. Dineen, a director of Cognizant Technology Solutions Corp. (CTSH), was granted a total of 153.04 restricted stock units (RSUs) on February 26, 2026. The awards are reported as derivative acquisitions at $0 (standard for RSU grants); actual cash value will depend on CTSH share price when/if settled. This is an award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-03-02 (reporting period 2026-02-26). No late-filing flag indicated in the provided extract.
• Grant details: three entries — 102.246 RSUs, 36.13 RSUs, and 14.664 RSUs, totaling 153.04 RSUs; each RSU represents a right to receive one share of Class A common stock (per footnotes).
• Price: $0.00 per unit (award). No immediate cash exchanged.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnote highlights:
  • Some units reflect dividend-equivalent RSUs tied to prior grants.
  • Portions are fully vested but the reporting person has elected to defer settlement under the company's Non-Employee Director Compensation Guidelines.
  • One portion will vest fully on June 3, 2026; deferred settlement triggers include change in control, death/permanent disability, or scheduled post-termination installments (varies by tranche).

Context

• RSU awards are a form of compensation; they do not indicate an open-market purchase or sale by the insider. Because several tranches are deferred even if vested, the RSUs may not convert into shares (or be sold) until a future settlement event. For retail investors, awards increase potential future insider exposure but are common part of director compensation and not a direct buy/sell signal.