Dineen John M. 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) Director John M. Dineen Receives RSU Award
What Happened
John M. Dineen, a director of Cognizant Technology Solutions Corporation (CTSH), was granted 4,171 restricted stock units (RSUs) on 2026-06-02. The RSUs are recorded at $0.00 per unit (derivative award) and represent a contingent right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-02; Form filed: 2026-06-04 (filing appears timely).
- Award: 4,171 RSUs @ $0.00 (derivative grant); total cash paid at grant = $0.
- Vesting: RSUs will vest fully on 2027-06-02 (see footnote).
- Shares owned after transaction: not specified in the filing.
- Footnotes: (F1) each RSU equals a contingent right to one share; (F2) Reporting Person elected to defer payment (and any dividend equivalents) until the earlier of a change in control, death/permanent disability, or in three equal installments following termination (other than for death/disability).
Context
This is a standard non-employee director compensation grant of RSUs rather than a market purchase or sale. RSUs are a form of deferred equity: they convert to shares only upon vesting (and here payment may be deferred further per the director’s election). Such grants are routine and do not by themselves indicate a buying or selling decision in the open market.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-02+4,171→ 4,171 total→ Class A Common Stock (4,171 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
- [F2]The RSUs will vest fully on June 2, 2027. The Reporting Person has elected, pursuant to the Company's Non-Employee Director Compensation Guidelines, to defer payment of such RSUs (and corresponding dividend equivalents, if any) until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) in three equal installments on July 1 in the first, second and third years following the date of the Reporting Person's termination of service (other than due to death or permanent disability).