Bali Vinita 4

What Happened
Vinita Bali, a director of Cognizant Technology Solutions Corp. (CTSH), was granted 18.012 restricted stock units (RSUs) on May 27, 2026. The award was recorded at $0.00 per unit (derivative grant); no cash was paid at grant. The RSUs represent contingent rights to receive shares of Class A common stock and will vest fully on June 3, 2026.

Key Details

• Transaction date: May 27, 2026; Form 4 filed May 29, 2026. No late filing indicated.
• Grant: 18.012 RSUs at $0.00 (derivative award). Reported value at grant: $0.
• Vesting: RSUs will vest in full on June 3, 2026 (Footnote F2).
• Footnote F1: These RSUs were issued pursuant to dividend equivalent rights accrued on previously outstanding RSUs; each RSU equals a contingent right to one share.
• Shares owned after transaction: Not disclosed in the provided filing.

Context
RSUs are a form of equity compensation — not an open‑market purchase or sale — and convert to actual shares (and taxable value) only upon vesting and delivery. This transaction appears to be a routine equity award/dividend-equivalent accrual rather than a directional market bet by the insider.