Ayyar Balu Ganesh 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Cognizant (CTSH) President Ayyar Balu Ganesh Receives 903 RSU Shares

What Happened

Ayyar Balu Ganesh, President — APJ and ISG at Cognizant (CTSH), had 903 restricted stock units (RSUs) convert to 903 shares on March 1, 2026 (transaction code M — exercise/conversion). The Form 4 shows 903 shares acquired (price N/A) and 903 shares disposed at $0.00 (derivative).
The simultaneous disposal at $0.00 is commonly how companies report shares withheld or delivered to satisfy tax withholding or similar withholding obligations when RSUs vest; this is a routine administrative action rather than a market sale.

Key Details

Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (timely filing).
Acquired: 903 shares via RSU conversion (price N/A). Disposed: 903 shares at $0.00 (reported as derivative).
Shares owned after transaction: not specified in the provided filing.
Footnotes from the filing:
- F1: Shares received from vesting of 1/12th of an RSU award granted Feb 28, 2024.
- F2: Each RSU equals one share of Class A common stock.
- F3: The original grant was 10,830 RSUs vesting quarterly over three years (1/12th each quarter, fully vested March 1, 2027).
Filing appears timely (filed two days after the vesting date).

Context

This was not an open-market sale or purchase — it reflects RSU vesting and the typical withholding/settlement process. Such conversions and withholdings are administrative and don’t necessarily signal insider bullish/bearish intent.
Transaction code M denotes exercise or conversion of a derivative (here, RSUs converting to common shares).

Form 4

Period: 2026-03-01

President - APJ and ISG

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-03-01+903→ 100,649 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-03-01−903→ 3,610 total
→ Class A Common Stock (903 underlying)

Footnotes (3)

[F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
[F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
[F3]A total of 10,830 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2024, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).

Signature

/s/ Melissa Glass, on behalf of Balu Ganesh Ayyar, by Power of Attorney|2026-03-03

1 file