Schot Abraham 4

What Happened Schot Abraham, a director of Cognizant Technology Solutions Corp. (CTSH), was granted 14.664 restricted stock units (RSUs) on February 26, 2026. The Form 4 reports the award as a derivative acquisition (code A) at $0.00 per unit (reported value $0). These RSUs reflect dividend equivalent rights accrued on previously outstanding restricted stock units and each RSU represents a contingent right to one share of Class A common stock. The RSUs will vest in full on June 3, 2026.

Key Details

• Transaction date and type: 2026-02-26 — Grant/Award of 14.664 RSUs (derivative acquisition, code A).
• Price/value reported: $0.00 per unit; reported total value $0 (reflects accrual of dividend equivalents, not a cash purchase).
• Vesting: Fully vests on June 3, 2026 (footnote F2).
• Footnote: F1 states these RSUs were issued pursuant to dividend equivalent rights accrued on previously outstanding RSUs; each unit equals a contingent right to one Class A share.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: No late filing is indicated (Form 4 filed 2026-03-02 for a 2026-02-26 transaction).

Context RSU grants are a common form of executive/director compensation and do not represent an open-market purchase or sale. Because these are contingent units that vest later, they do not indicate an immediate sale or purchase of stock; they convert to shares only upon vesting (or other terms specified by the company). This report is informational about compensation-related awards rather than a market trade.