Cognizant Director Awarded RSUs via Dividend Equivalents

On August 25, 2026, Eric Branderiz, a Director at Cognizant Technology Solutions Corp, acquired a total of 79.9744 Restricted Stock Units (RSUs) across three separate transactions. These acquisitions were not open-market purchases but were received as dividend equivalent rights on previously granted RSUs, as indicated by the transaction code 'A' and a price of $0. This type of transaction represents an automatic reinvestment of dividends into existing equity awards. The filing's footnotes detail that the RSUs have various vesting and settlement terms, with settlement deferred until after the director's termination of service. Given the routine and non-discretionary nature of acquiring dividend equivalents, this activity is considered to have low trading significance and does not signal a new investment decision by the insider.