Cognizant (CTSH) CFO Jatin P. Dalal Sells 12,000 Shares

What Happened

• Jatin P. Dalal, Chief Financial Officer of Cognizant Technology Solutions (CTSH), sold 12,000 shares in an open-market transaction on August 3, 2026. The weighted-average sale price was $55.76, for total proceeds of approximately $669,168. This was a sale (not a purchase or award).

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (appears timely within the 2-business-day reporting window).
• Price: weighted average $55.76; individual trade prices ranged from $55.16 to $57.18.
• Total shares sold: 12,000; total proceeds: ~$669,168.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes: (1) Sales were executed pursuant to a Rule 10b5-1 trading plan adopted May 1, 2026. (2) The filing reports a weighted average price and offers to provide a per-price breakdown on request.

Context

• A Rule 10b5-1 plan indicates these sales were pre-arranged under a trading plan, which can limit how much the transaction signals about the insider’s current view of the company. This was an open-market sale (transaction code S), a routine form of insider selling rather than an option exercise, gift, or award.