Bali Vinita 4
Research Summary
AI-generated summary
Cognizant (CTSH) Director Bali Vinita Receives RSU Award
What Happened
- Bali Vinita, a director of Cognizant Technology Solutions Corp (CTSH), received an award of 14.664 restricted stock units (derivative grant) on February 26, 2026. The units were recorded at $0.00 at grant and represent contingent rights to receive one share of Class A common stock per unit upon vesting.
Key Details
- Transaction date: 2026-02-26; Grant type: Award/Acquisition (A).
- Grant specifics: 14.664 RSUs @ $0.00 (derivative award); total reported cash value at grant: $0.
- Vesting: The RSUs will vest in full on June 3, 2026 (per filing footnote).
- Footnotes: F1 indicates these RSUs reflect dividend equivalent rights accrued on previously outstanding RSUs; F2 confirms full vesting date.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 filed 2026-03-02; this appears to be within the required two business days after the Feb 26 transaction (timely).
Context
- Restricted stock units are compensation awards that convert to actual shares only upon vesting; this is not an open-market purchase or sale and does not represent an immediate cash investment or monetization by the insider.
- The grant size (14.664 RSUs) is modest in scale and is typically routine compensation or dividend-equivalent accrual rather than a direct signal of buying/selling intent.