Ayyar Balu Ganesh 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Cognizant (CTSH) President Ayyar Ganesh Receives Equity Awards

What Happened

Ayyar Balu Ganesh, President — APJ and ISG at Cognizant Technology Solutions (CTSH), was granted equity awards on February 25, 2026. The filing shows 13,859 restricted stock units (RSUs) and ~7,771 performance-based stock units (PSUs) were reported as acquired (transaction code A). These awards were recorded at $0.00 per share because they are compensation grants, not purchases.

Key Details

Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (reporting period 2/25/2026).
RSUs: 13,859 RSUs granted under the 2023 Incentive Award Plan; vest in 12 successive quarterly installments beginning June 1, 2026 and fully vest on March 1, 2029. (Footnote F2)
PSUs: The filing reports ~7,771 PSUs representing a portion of 13,576 PSUs originally granted in 2023 for which the Compensation Committee determined ~57% of performance criteria were satisfied. That portion is scheduled to vest and settle in Class A common stock on March 15, 2026, provided the reporting person remains employed through that date. (Footnote F4)
Price/value: Reported acquisition price $0.00 (typical for RSU/PSU awards); no cash changed hands at grant.
Shares owned after transaction: Not disclosed in this Form 4.
Filing timeliness: Filed two days after the transaction date — appears timely.

Context

RSUs and PSUs are equity compensation: RSUs convert to shares according to time-based vesting; PSUs convert to shares only if performance goals are met and service conditions satisfied. These awards represent compensation and potential future share issuance, not an open-market buy or sell.
The PSU component is contingent on both the committee’s performance determination (already made at ~57% for this tranche) and continued employment through the settlement date (March 15, 2026).

Form 4

Period: 2026-02-25

President - APJ and ISG

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-02-25+13,859→ 13,859 total
→ Class A Common Stock (13,859 underlying)
Award
Performance Stock Units
[F3][F4]
2026-02-25+7.771→ 7,771 total
→ Class A Common Stock (7.771 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
[F2]A total of 13,859 RSUs were granted on February 25, 2026, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2026, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2029).
[F3]Each performance-based stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock of the Company.
[F4]Represents a portion of the 13,576 PSUs (a) that were originally granted on March 6, 2023, pursuant to the Company's 2017 Incentive Award Plan and (b) for which the Company's Compensation and Human Capital Committee (the "Committee") determined, on February 25, 2026, that approximately 57% of the related performance criteria had been satisfied. In accordance with the award agreement, in light of the Committee's determination regarding the satisfaction of performance criteria, the portion of the award shown in Table II above will vest and settle in Class A Common Stock of the Company on March 15, 2026, provided that the Reporting Person remains in the Company's service through such date.

Signature

/s/ Melissa Glass, on behalf of Balu Ganesh Ayyar, by Power of Attorney|2026-02-27

1 file