Kim John Sunshin 4

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.