Cognizant (CTSH) President Ayyar B. Ganesh Receives 2,058 RSU Shares

What Happened Ayyar Balu Ganesh, President — APJ and ISG at Cognizant Technology Solutions (CTSH), received a total of 2,058 shares on September 1, 2026 through the vesting/conversion of restricted stock units (RSUs). The filing shows two conversion events: 903 shares (from the Feb 28, 2024 RSU grant) and 1,155 shares (from the Feb 25, 2026 RSU grant). The Form 4 reports no cash paid or proceeds received (prices shown as N/A or $0.00) — these were RSU vesting conversions, not purchases or open‑market sales.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (filed within typical 2-business‑day window).
• Shares received: 903 shares (from 2/28/2024 grant) + 1,155 shares (from 2/25/2026 grant) = 2,058 shares total.
• Reported prices: Acquisitions listed with price N/A; disposals reported at $0.00 — reflects RSU-to-share conversion, not a cash sale.
• Shares owned after transaction: Not stated in the provided filing details.
• Footnotes: F1/F4 relate to the 2/28/2024 RSU grant (10,830 RSUs, vesting 1/12th quarterly over 3 years). F3/F5 relate to the 2/25/2026 RSU grant (13,859 RSUs, vesting 1/12th quarterly over 3 years). F2 clarifies each RSU converts to one share.
• No tax‑withholding sale or 10b5‑1 plan was reported in the provided details.

Context

• These entries reflect RSU vesting (derivative conversion), not an active buy or open‑market sale — often recorded on Form 4 as both a “disposed” derivative and an “acquired” underlying share.
• Vesting is a routine compensation event for executives and does not, by itself, indicate a trading decision or change in sentiment.
• For retail investors tracking insider activity, purchases are typically more informative than routine RSU vesting; this filing documents compensation vesting rather than new buying or selling.