COGNIZANT TECHNOLOGY SOLUTIONS CORP·4

Feb 18, 4:09 PM ET

Ayyar Balu Ganesh 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Cognizant (CTSH) President Ayyar Balu Ganesh Receives 1,068 Shares

What Happened

  • Ayyar Balu Ganesh, President – IOA & ISG at Cognizant (CTSH), had restricted stock units (RSUs) convert into 1,068 shares of Class A common stock on February 16, 2026. The Form 4 reports two derivative-conversion transactions totaling 1,068 shares (1,005 + 63). No cash was paid and no open-market sale was reported — these shares were issued on vesting.

Key Details

  • Transaction date: 2026-02-16 (reported on Form 4 filed 2026-02-18).
  • Reported entries: conversion/exercise of derivative (code M) for 1,005 and 63 shares. Acquired price shown as N/A; the derivative entries disposed at $0.00 reflect conversion of the RSU into common stock (not a cash sale).
  • Total shares received: 1,068 shares.
  • Shares owned after transaction: not specified in the filing.
  • Notable footnotes: these shares were issued from RSU awards granted Feb 16, 2023. Each RSU equals one share. The referenced grants (12,055 RSUs and 1,506 RSUs originally) had been vesting quarterly and became fully vested on Feb 16, 2026 (see footnotes F1–F4).
  • Timeliness: filing appears timely (transaction 2/16/2026, Form 4 filed 2/18/2026). No 10b5‑1 plan or tax-withholding sale was disclosed in this filing.

Context

  • This filing reflects RSUs vesting and converting into common shares (derivative conversion), not a buy or an open-market sale. Such conversions are routine compensation-related events and do not, by themselves, indicate insider buying or selling sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-16
Ayyar Balu Ganesh
President - APJ and ISG
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1][F2]
    2026-02-16+1,00599,683 total
  • Exercise/Conversion

    Class A Common Stock

    [F1][F2]
    2026-02-16+6399,746 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-02-161,0050 total
    Class A Common Stock (1,005 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F4]
    2026-02-16630 total
    Class A Common Stock (63 underlying)
Footnotes (4)
  • [F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the fully vested restricted stock unit ("RSU") award granted on February 16, 2023.
  • [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
  • [F3]A total of 12,055 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with 1/12th of such RSUs vesting on each quarterly vesting date and the remainder of the RSUs were fully vested on February 16, 2026.
  • [F4]A total of 1,506 RSUs were originally granted on February 16, 2023 under the Company's 2017 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on May 16, 2023, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of the RSUs were fully vested on February 16, 2026.
Signature
/s/ Melissa Glass, on behalf of Balu Ganesh Ayyar, by Power of Attorney|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771448948.xmlPrimary

    FORM 4