Silvent Karima 4

What Happened

• Karima Silvent, a director of Cognizant Technology Solutions Corp. (CTSH), was granted 14.664 restricted stock units (RSUs) on February 26, 2026. The Form 4 reports the acquisition as a derivative award with an acquisition price of $0.00 (no cash paid at grant).

Key Details

• Transaction date: 2026-02-26; Report filed with SEC: 2026-03-02 (timely).
• Award: 14.664 RSUs; acquisition price reported as $0.00 (standard for compensation awards).
• Vesting: RSUs will vest in full on June 3, 2026 (per footnote).
• Footnote detail: RSUs reflect dividend equivalent rights accrued on previously outstanding RSUs; each RSU represents a contingent right to one share of Class A common stock.
• Shares owned after transaction: not disclosed in the Form 4 filing.

Context

• These RSUs are a compensation award (derivative grant) and are not immediate share purchases or sales. They convert to shares only if/when they vest; the grant itself does not necessarily indicate a buy/sell signal. The reported $0.00 price reflects that no cash was exchanged at grant — eventual value depends on Cognizant’s share price at vesting.