Key facts
- This page summarizes Becky Schmitt's Form 4 filing for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Mar 2023, 16:38.
Becky Schmitt - 15 Mar 2023 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
- Reporting relationship
- EVP and Chief People Officer
- Issuer ticker
- CTSH
- Reported as of
- 15 Mar 2023
- Net transaction value
- -$478,817
- SEC form
- 4
- Accepted by SEC
- 17 Mar 2023, 16:38:31 UTC
- Prior SEC filing
- 03 Mar 2023
- Next SEC filing
- 05 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Carrie P. Ryan, on behalf of Becky Schmitt, by Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Becky Schmitt filed Form 4 for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) on 17 Mar 2023.
Change
- Previous filing in this sequence was filed on 03 Mar 2023.
- Current net transaction value: -$478,817.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CTSH
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +19,067
- Change %
- +81%
- Price
- Shares after
- 42,628
- Date
- 15 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
CTSH
transaction
Class A Common Stock
Tax liability
- Transaction value
- $478,817
- Shares
- -8,390
- Change %
- -20%
- Price
- $57.07
- Shares after
- 34,238
- Date
- 15 Mar 2023
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CTSH
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -19,067
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 19,067
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Reflects the settlement, in shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company"), of performance-based stock units ("PSUs"). The PSUs were originally granted on March 5, 2020 under the Company's 2017 Incentive Award Plan. A portion of the performance conditions were determined to be satisfied on February 16, 2023 and that portion of the PSUs as shown in Table II above were vested and settled in Class A Common Stock of the Company on March 15, 2023.
Footnote F2
Each PSU represents a contingent right to receive one share of the Company's Class A Common Stock.
Footnote F3
Since the date of the reporting person's last ownership report, the reporting person transferred 5,924 shares to her ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any Company securities owned by her ex-spouse.
Footnote F4
Shares of the Company's Class A Common Stock withheld to pay applicable taxes.