Schot Abraham 4

What Happened

• Schot Abraham, a director of Cognizant Technology Solutions Corp (CTSH), was granted 18.012 restricted stock units (RSUs) on May 27, 2026. The award was reported as an acquisition at $0.00 per unit (no cash paid). These RSUs are a derivative award that each represents a contingent right to one share of Class A common stock.

Key Details

• Transaction date: 2026-05-27; Filing date: 2026-05-29 (filed two days after the transaction).
• Transaction type/code: Award/Grant (A) — derivative restricted stock units.
• Amount: 18.012 RSUs; Reported acquisition price: $0.00; Aggregate reported dollar value: $0.
• Vesting: The RSUs will vest fully on June 3, 2026 (see footnote).
• Footnotes: F1 notes these RSUs reflect dividend equivalent rights accrued on previously outstanding RSUs; F2 confirms full vesting on June 3, 2026.
• Shares owned after the transaction: Not disclosed in this filing.

Context

• RSU awards are a common form of director compensation and involve no outlay of cash by the insider at grant. Because these units are contingent rights to receive shares upon vesting, they are derivative awards rather than open-market purchases or sales and do not by themselves indicate buying or selling sentiment. The filing appears to have been submitted within the normal Form 4 reporting window.