Kerdman Alina 4
Research Summary
AI-generated summary
Cognizant (CTSH) SVP Alina Kerdman Sells 154 Shares
What Happened Alina Kerdman, SVP, Controller & CAO of Cognizant Technology Solutions (CTSH), sold 154 shares in an open-market transaction on May 18, 2026. The shares were sold at $48.04 per share for total proceeds of $7,398. This was a sale (not a purchase), a routine disposition rather than an acquisition.
Key Details
- Transaction date and price: May 18, 2026 — 154 shares sold at $48.04 each.
- Total value: $7,398 (gross proceeds).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.
- Filing: Form 4 filed May 20, 2026 reporting the May 18 transaction — appears timely (no late-filing indication).
- Transaction code: S = Sale.
Context A 10b5-1 plan means the sale was executed under a pre-arranged trading program, which is commonly used by insiders to sell shares on a scheduled basis and helps limit inference about current insider sentiment. The size of this sale is modest; small open-market sales are often routine and do not necessarily signal a change in an insider’s view of the company.