Varrier Rajesh 4

4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 3, 2026

Cognizant (CTSH) President Rajesh Varrier Receives RSU Vesting

What Happened

Rajesh Varrier, President, Operations CMD India at Cognizant (CTSH), had restricted stock units (RSUs) vest on June 1, 2026. A total of 542 shares converted from RSUs (339 + 203). To cover tax withholding, 210 of those shares were withheld/treated as disposed at $55.76 per share for a withholding value of $11,710. The RSU conversions show no cash exercise price (RSUs convert to shares upon vesting).

Key Details

Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (no late filing indicated).
Vested shares: 339 shares (from a 4,076 RSU grant, 1/12th vesting) and 203 shares (from a 1,630 RSU grant, 1/8th vesting) — total 542 shares.
Tax withholding: 210 shares withheld at $55.76 each, total withholding value $11,710.
Shares acquired net of withholding: 542 vested − 210 withheld = 332 net shares received.
Shares owned after the transaction: not specified in the filing.
Relevant footnotes: F1/F3 describe the portions vested; F2 confirms each RSU equals one share; F4 notes shares were withheld to pay taxes; F5/F6 summarize the original grants and vesting schedules.

Context

These transactions are RSU vestings (awards converting to shares), not open‑market purchases or sales of previously held stock. Withholding of shares to cover taxes is a common, routine administrative step (a cashless tax withholding), not a market sale intended as investment signaling.
For retail investors: award vestings increase insider equity but do not by themselves indicate buying or selling intent.

Form 4

Period: 2026-06-01

President Operations CMD India

Transactions

Exercise/Conversion
Class A Common Stock
[F1][F2]
2026-06-01+339→ 9,330 total
Exercise/Conversion
Class A Common Stock
[F3][F2]
2026-06-01+203→ 9,533 total
Tax Payment
Class A Common Stock
[F4]
2026-06-01$55.76/sh−210$11,710→ 9,323 total
Exercise/Conversion
Restricted Stock Units
[F2][F5]
2026-06-01−339→ 3,737 total
→ Class A Common Stock (339 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F6]
2026-06-01−203→ 1,427 total
→ Class A Common Stock (203 underlying)

Footnotes (6)

[F1]Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 1/12th of the restricted stock unit ("RSU") award granted on February 25, 2026.
[F2]Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
[F3]Shares of Class A Common Stock of the Company received from the vesting of 1/8th of the RSU award granted on February 25, 2026.
[F4]Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
[F5]A total of 4,076 RSUs were originally granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2026, with 1/12th of such RSUs vesting on each quarterly vesting date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2029).
[F6]A total of 1,630 were originally granted on February 25, 2026 under the Company's 2023 Incentive Award Plan and such originally granted amount began vesting in quarterly installments over three years, commencing on June 1, 2026, with (i) 1/8th of such RSUs vesting on each of the first four vesting dates; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the successive four vesting dates; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the successive three vesting dates; and (iv) the remainder of such RSUs vesting on the twelfth vesting date (March 1, 2029).

Signature

/s/ Melissa Glass, on behalf of Rajesh Varrier, by Power of Attorney|2026-06-03

1 file