Dineen John M. 4

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.