Kim John Sunshin 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) CLO Kim John Sunshin Receives RSUs; Shares Withheld
What Happened
Kim John Sunshin, Chief Legal Officer, CAO & Corporate Secretary of Cognizant (CTSH), had 1,646 restricted stock units (RSUs) vest on June 15, 2026 and converted them into shares. As part of the vesting, 888 shares were withheld to cover tax obligations (disposition value $46,327 at $52.17/share), leaving a net of 758 shares delivered to Sunshin. The transactions were reported on a Form 4 filed June 17, 2026.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely).
- Vesting/conversion: 1,646 RSUs converted to shares (transaction code M).
- Tax withholding: 888 shares withheld to satisfy taxes (transaction code F) at $52.17/share, total $46,327.
- Net shares delivered to insider: 1,646 − 888 = 758 shares.
- Footnotes: RSUs granted March 3, 2025 (total original grant 19,758 RSUs) vest quarterly over three years (1/12th each quarter). Each RSU equals one contingent share.
- Shares owned after the transaction: not stated in the provided filing details.
Context
This was a routine vesting of previously granted RSUs (compensation), not an open-market purchase or sale. The withholding of shares to pay taxes is a common cashless method to satisfy tax liabilities and does not necessarily indicate a decision to sell shares for investment reasons. The filing shows conversion of RSUs to shares and withholding for taxes rather than an open-market sale.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-06-15+1,646→ 43,780 total - Tax Payment
Class A Common Stock
[F3]2026-06-15$52.17/sh−888$46,327→ 42,892 total - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-06-15−1,646→ 11,526 total→ Class A Common Stock (1,646 underlying)
Footnotes (4)
- [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 March 3, 2025.
- [F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F3]Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F4]A total of 19,758 RSUs were originally granted on March 3, 2025 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 15, 2025, 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 15, 2028).