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COGNIZANT TECHNOLOGY SOLUTIONS CORP·4

Feb 27, 6:11 PM ET

Singisetti Ravi Kumar 4

Research Summary

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Updated

Cognizant (CTSH) CEO Ravi Singisetti Receives Award

What Happened

Cognizant CEO Ravi Singisetti received equity awards on February 25, 2026: 117,397 restricted stock units (RSUs) and 63,093 performance-based stock units (PSUs). Both awards are reported as derivative acquisitions at $0.00 per share (i.e., no cash purchase). The RSUs are time-based awards that will convert to shares as they vest; the PSUs represent performance-contingent rights that the company’s Compensation and Human Capital Committee determined are approximately 57% satisfied and that will vest and settle in shares on March 15, 2026 provided Mr. Singisetti remains employed.

Key Details

  • Transaction date(s): February 25, 2026 (Form 4 filed February 27, 2026). Filing was within the typical 2-business-day window.
  • Type/code: A = Award/Grant (derivative securities).
  • Counts and prices: 117,397 RSUs @ $0.00 (acquired); 63,093 PSUs @ $0.00 (acquired). Reported dollar value shown as $0 for the grant entries.
  • Vesting: RSUs vest in 12 successive quarterly installments (1/12th vests first on June 1, 2026, with full vesting on March 1, 2029). PSUs shown will vest and settle in Class A common stock on March 15, 2026 if employment continues.
  • Origin of PSUs: The 63,093 PSUs represent the portion of a 110,206 PSU grant originally made March 6, 2023 for which the Committee determined ~57% of performance criteria were met (per footnote).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1–F4 describe that RSUs/PSUs are contingent rights to receive one share each, RSU vesting schedule, and the Committee’s performance determination for the PSU portion.

Context

These entries are awards (not open-market purchases or sales). RSUs and PSUs are common executive compensation tools: RSUs reward continued service (time-based vesting) while PSUs tie payouts to performance metrics. Because the PSU portion is set to settle on March 15, 2026 only if Mr. Singisetti remains employed and performance criteria remain as determined, the actual share delivery depends on those conditions.