Gummadi Surya 4

What Happened
Surya Gummadi, President — Americas at Cognizant Technology Solutions (CTSH), sold 1,728 shares on February 2, 2026. The weighted‑average sale price was $83.06, producing gross proceeds of approximately $143,523. The sales were executed pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Gummadi on August 27, 2025. Footnotes state the shares were sold in multiple transactions at prices ranging from $82.49 to $83.37.

Key Details

• Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-04).
• Transaction type/code: Sale (S) — open‑market transactions executed under a 10b5‑1 plan.
• Shares sold: 1,728; weighted‑average price: $83.06; price range: $82.49–$83.37.
• Gross proceeds: ~$143,523.
• Shares owned after transaction: not disclosed in the provided Form 4 excerpt.
• Footnotes: F1—trade executed under a 10b5‑1 plan adopted 8/27/2025; F2—price is a weighted average and the filer can provide a breakdown of per‑share prices on request.
• Timeliness: Form 4 filed Feb 4, 2026 for a Feb 2 transaction (appears to be filed within the usual 2‑business‑day reporting window).

Context
Sales conducted under a 10b5‑1 plan are typically pre‑arranged and often reflect planned liquidity rather than a change in insider sentiment; they are therefore less informative than outright purchases. This transaction represents a modest insider sale in dollar terms and should be considered alongside other insider filings and company fundamentals.