Dineen John M. 4

What Happened John M. Dineen, a member of the board of directors of Cognizant Technology Solutions (CTSH), was granted three awards of restricted stock units (RSUs) on May 27, 2026. The awards total 187.989 RSUs (125.596 + 44.381 + 18.012). Each line shows an acquisition at $0.00 (these are derivative RSU awards, not share purchases), so the Form 4 reports $0 cash paid for the awards. Some of the RSUs are fully vested while others have a near-term vest date; Dineen has elected to defer settlement under the company’s Non-Employee Director Compensation Guidelines.

Key Details

• Transaction date: May 27, 2026; Form 4 filed May 29, 2026 (appears timely).
• Awards: 125.596 RSUs, 44.381 RSUs, and 18.012 RSUs; price reported $0.00 (derivative awards).
• Shares owned after transaction: not specified in the provided filing extract.
• Footnotes (summary):
  • Some RSUs reflect dividend-equivalent units credited on previously outstanding RSUs (each unit = right to one share).
  • Some RSUs are fully vested and settlement has been deferred by Dineen under the company’s Guidelines.
  • Certain RSUs will vest fully on June 3, 2026; others are deferred until a change in control, death/permanent disability, or specified post-termination dates/installments.
• No sale, purchase for cash, or option exercise occurred in this filing.

Context RSUs are compensation awards that represent a future right to receive shares (or their cash equivalent) and are different from an open-market purchase or sale. Because Dineen elected to defer settlement, these units may not result in immediate share deliveries. Awards to non-employee directors are common and typically reflect routine director compensation rather than a direct market signal.