Cognizant Americas President Surya Gummadi Acquires Shares via RSU Vesting with Tax Withholding
COGNIZANT TECHNOLOGY SOLUTIONS CORP
Subscribe to track CTSH
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Insider Filing: Cognizant Technology Solutions Corp (CTSH)
**Insider:** Surya Gummadi (President - Americas)
**Filing Date:** September 17, 2026 | **Transaction Date:** September 15, 2026
### Transaction Summary
- **RSUs Vested:** 1,995 shares acquired at $0.00
- **Shares Withheld for Taxes (Code F):** 988 shares disposed at $64.10 ($63,330.80)
- **Net Addition:** +1,007 shares
- **Post-Transaction Beneficial Ownership:** 40,820 shares
- **Trading Significance:** Low (Routine RSU Vesting & Tax Withholding)
Comprehensive Analysis
Executive Summary
On September 17, 2026, Cognizant Technology Solutions Corp (CTSH) filed a Form 4 on behalf of Surya Gummadi, President - Americas. The filing reports routine equity compensation activity on September 15, 2026, involving the vesting of Restricted Stock Units (RSUs) and automatic share withholding to satisfy tax obligations.
Transaction Details
- RSU Conversions (Code M): Surya Gummadi acquired a total of 1,995 shares of Class A Common Stock across two tranches (1,397 shares and 598 shares) upon the scheduled quarterly vesting of awards granted on March 3, 2025.
- Tax Withholding (Code F): A total of 988 shares of Class A Common Stock were surrendered back to the company at $64.10 per share to satisfy statutory tax obligations, amounting to an aggregate value of $63,330.80.
- Net Change: Following the net addition of 1,007 shares, Gummadi directly owns 40,820 shares of Cognizant Class A Common Stock.
Market and Governance Context
This filing reflects non-discretionary, scheduled equity settlement events under Cognizant's 2023 Incentive Award Plan. Because the share disposition was strictly for mandatory withholding taxes rather than an open-market sale, this transaction carries low informational significance regarding executive sentiment on company performance.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.