Diaz Kathryn 4

What Happened

• Kathryn Diaz, Chief People Officer of Cognizant Technology Solutions (CTSH), received a mix of restricted stock units (RSUs) and performance stock units (PSUs) on February 25, 2026. The filing shows four award entries totaling 18,895 units: 11,821 RSUs, 3,261 RSUs, and PSU portions of 2,743 and 1,070 units. All awards were reported as derivative grants at $0.00 per unit (code A).

Key Details

• Transaction date: February 25, 2026; filing date: February 27, 2026 (timely).
• Award totals: 11,821 RSUs + 3,261 RSUs + 2,743 PSUs + 1,070 PSUs = 18,895 units; $0 per unit at grant/award.
• Vesting/settlement:
  • 11,821 RSUs: vest in 12 successive quarterly installments beginning June 1, 2026, fully vested March 1, 2029.
  • 3,261 RSUs: vest over 12 successive quarterly installments with a stepped schedule, completing March 1, 2029.
  • 2,743 PSUs and 1,070 PSUs: represent ~57% of earlier PSU awards (from 3/6/2023 and 9/6/2023 grants); the Committee determined ~57% of performance criteria were satisfied and these portions will vest and settle in shares on March 15, 2026, provided Diaz remains employed through that date.
• Shares owned after the transaction: not disclosed in the filing.
• Codes/notes: Award/Grant (A); RSUs = contingent right to one share on vesting; PSUs = performance-based contingent shares. No 10b5-1 plan or tax-withholding sale noted in the filing.

Context

• These are derivative awards (not open-market purchases or sales). RSUs and PSUs create future share delivery if vesting/ performance conditions are met; PSUs shown here are tied to prior performance determinations and will settle mid-March 2026 if Diaz remains in service. Such awards are common compensation for executives and do not by themselves indicate immediate buying or selling activity.