Cognizant Technology Solutions Officer Acquires Shares via RSU Vesting and Withholds Shares for Taxes
COGNIZANT TECHNOLOGY SOLUTIONS CORP
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Filing Summary
### Form 4 Filing: Cognizant Technology Solutions Corp (CTSH)
**Insider:** Gummadi Surya | President - Americas
**Date:** 2026-09-01
**Type:** Tax Withholding (Code F) / RSU Vesting (Code M)
- **Shares Acquired (RSU Vest):** 5,224 shares @ $0.00
- **Shares Withheld for Taxes:** 2,611 shares @ $64.58 (~$168,618)
- **Ending Direct Holdings:** 39,813 shares
- **Significance:** Low (Routine vesting & tax withholding)
Comprehensive Analysis
Executive Summary
On September 1, 2026, Surya Gummadi, President - Americas at Cognizant Technology Solutions Corp ($CTSH), acquired a total of 5,224 shares of Class A Common Stock through the scheduled vesting of Restricted Stock Units (RSUs) granted under the Company's 2023 Incentive Award Plan. To satisfy statutory tax withholding obligations arising from the vestings, 2,611 shares were surrendered/withheld at a market price of $64.58 per share, representing an aggregate value of approximately $168,618.38.
Transaction Details
- Acquisitions (Code M):
- 1,168 shares vested (2024 grant)
- 319 shares vested (2024 grant)
- 2,310 shares vested (2026 grant)
- 1,427 shares vested (2026 grant)
- Total Shares Acquired: 5,224 shares
- Dispositions (Code F - Tax Withholding):
- Shares Withheld: 2,611 shares
- Price per Share: $64.58
- Total Value: $168,618.38
- Post-Transaction Holdings: 39,813 direct shares of Class A Common Stock.
Market and Trading Significance
This transaction carries Low trading significance as it represents standard equity compensation vesting and mandatory share withholding to cover tax liabilities, rather than an open-market purchase or discretionary sale.
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