Cognizant (CTSH) SVP Alina Kerdman Receives 200 RSU Shares

What Happened Alina Kerdman, SVP, Controller & CAO of Cognizant Technology Solutions (CTSH), had 200 restricted stock units (RSUs) convert into 200 shares on September 15, 2026. Of those, 66 shares were withheld to satisfy tax obligations at $64.10 per share, totaling $4,231, leaving a net issuance of 134 shares to Kerdman. The Form 4 shows the RSU conversion (transaction code M) and the tax-withholding/surrender (transaction code F).

Key Details

• Transaction date: 2026-09-15; Form 4 filed 2026-09-17 (appears timely).
• Conversion: 200 RSUs → 200 shares (transaction code M).
• Tax withholding: 66 shares withheld at $64.10/share = $4,231 (transaction code F).
• Net shares received by insider: 134 shares.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: The 200 shares represent 1/12th of a 2,394-RSU grant awarded 3/3/2025 that vests quarterly over three years; each RSU equals one contingent share and shares were withheld to pay taxes.
• Coding note: The filing includes a zero-dollar/disposition entry associated with the derivative settlement (bookkeeping for the RSU conversion).

Context This was a compensation vesting event (RSU conversion) with share-withholding to cover taxes — a routine corporate insider transaction rather than an open-market buy or sale. RSU vesting and tax-withholding do not necessarily indicate a change in the insider’s view of the stock; purchases tend to be more informative about insider conviction. Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price or tax liability (share withholding).