Kerdman Alina 4

What Happened
Alina Kerdman, SVP, Controller & CAO of Cognizant Technology Solutions (CTSH), had 207 restricted stock units (RSUs) vest on July 1, 2026. Of the vested shares, 68 were withheld to cover taxes (valued at $38.73 each, totaling $2,634) and 137 were sold in the open market at $39.82 each for total proceeds of $5,455. The filings show the RSUs converted to shares (derivative exercise/settlement) and the subsequent disposals.

Key Details

• Transaction date: July 1, 2026; Form filed July 6, 2026. (No timeliness flag provided in the supplied data.)
• Vesting / conversion: 207 RSUs vested (reported as derivative exercise/conversion, code M).
• Tax withholding: 68 shares withheld to satisfy tax withholding at $38.73/share = $2,634 (code F).
• Open‑market sale: 137 shares sold at $39.82/share = $5,455 (code S).
• The sale was executed pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on August 19, 2025 (footnote F4).
• These 207 shares represent the vesting of 2/3 of 1/6 of an original grant of 1,864 RSUs from July 1, 2025; the overall grant vests in multiple quarterly installments through Jan 1, 2028 (footnotes F1, F5).
• Shares owned after the transactions are not specified in the material provided; see the Form 4 for full holdings disclosure.

Context
This was a routine RSU vesting event with tax withholding and an immediate sale of the remaining shares under a pre‑existing 10b5‑1 plan — effectively a cashless settlement. Such transactions are common for executives receiving equity compensation and do not by themselves indicate the insider’s view on the company’s outlook.