Kerdman Alina 4
4 · COGNIZANT TECHNOLOGY SOLUTIONS CORP · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Cognizant (CTSH) SVP Alina Kerdman Receives RSUs, Sells 146 Shares
What Happened
- Alina Kerdman, SVP, Controller & CAO of Cognizant (CTSH), had RSUs convert to 619 shares on June 1, 2026 (three separate vesting/conversion events: 198, 14, and 407 shares). Of those shares, 207 were withheld to cover taxes (payment recorded at $55.76 per share, $11,542) and 146 were sold in the open market at $56.41 per share for $8,236. The remaining net increase to her position from this vesting event was 266 shares.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026.
- Vesting / conversion (code M): 198 + 14 + 407 = 619 shares acquired via RSU vesting.
- Tax withholding (code F): 207 shares withheld at $55.76/share = $11,542.
- Open-market sale (code S): 146 shares sold at $56.41/share = $8,236; sales executed under a Rule 10b5-1 plan adopted Aug 19, 2025 (footnote F6).
- Net effect: +266 shares retained after withholding and sale (619 acquired − 207 withheld − 146 sold).
- Notes: Several derivative entries show $0 disposals reflecting RSU conversion/settlement and tax withholding (see F1–F5 for grant/vesting details). No late filing indicated.
Context
- These transactions stem from automatic RSU vesting (not an open-market purchase) — RSUs convert to shares and then are often partially withheld to pay taxes and/or sold under pre-set plans. Such vesting events are routine compensation-related activity and do not by themselves imply a change in insider sentiment.
Insider Transaction Report
Form 4
Kerdman Alina
SVP, Controller & CAO
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-06-01+198→ 921 total - Exercise/Conversion
Class A Common Stock
[F3][F2]2026-06-01+14→ 935 total - Exercise/Conversion
Class A Common Stock
[F4][F2]2026-06-01+407→ 1,342 total - Tax Payment
Class A Common Stock
[F5]2026-06-01$55.76/sh−207$11,542→ 1,135 total - Sale
Class A Common Stock
[F6]2026-06-01$56.41/sh−146$8,236→ 989 total - Exercise/Conversion
Restricted Stock Units
[F2][F7]2026-06-01−198→ 596 total→ Class A Common Stock (198 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F8]2026-06-01−14→ 42 total→ Class A Common Stock (14 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F9]2026-06-01−407→ 4,484 total→ Class A Common Stock (407 underlying)
Footnotes (9)
- [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 28, 2024.
- [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 1/3rd of 1/8th of the RSU award granted on February 28, 2024.
- [F4]Shares of Class A Common Stock of the Company received from the vesting of 1/12th of the RSU award granted on February 25, 2026.
- [F5]Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
- [F6]The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.
- [F7]A total of 2,382 RSUs were originally granted on February 28, 2024 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, 2024, 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, 2027).
- [F8]A total of 331 RSUs were originally granted on February 28, 2024 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, 2024, 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, 2027).
- [F9]A total of 4,891 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).
Signature
/s/ Melissa Glass, on behalf of Alina Kerdman, by Power of Attorney|2026-06-03