Abraham Schot - 04 Jun 2024 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Director
Signature
/s/ Carrie P. Ryan, on behalf of Abraham Schot, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
04 Jun 2024
Net transactions value
+$126,714
Form type
4
Filing time
06 Jun 2024, 16:32:41 UTC
Previous filing
31 May 2024
Next filing
10 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Award $127,498 +1,951 +69% $65.35 4,777 04 Jun 2024 Direct F1
transaction CTSH Class A Common Stock Tax liability $784 -12 -0.25% $65.35 4,765 04 Jun 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTSH Restricted Stock Units Award $0 +3,366 $0.000000 3,366 04 Jun 2024 Class A Common Stock 3,366 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person elected, pursuant to the Cognizant Technology Solutions Corporation (the "Company") Non-Employee Director Compensation Guidelines, to be paid in fully vested Class A Common Stock in lieu of the annual cash retainer to which the reporting person was entitled for serving on the Company's Board and its committees.
F2 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company").
F4 The RSUs will vest fully on June 4, 2025.