Jatin P. Dalal - Mar 4, 2025 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
Chief Financial Officer
Signature
/s/ Kelli Arman, on behalf of Jatin P. Dalal, by Power of Attorney
Stock symbol
CTSH
Transactions as of
Mar 4, 2025
Transactions value $
-$197,251
Form type
4
Date filed
3/6/2025, 04:02 PM
Previous filing
Mar 5, 2025
Next filing
Mar 18, 2025
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 Options Exercise +4.33K +32.06% 17.8K Mar 4, 2025 Direct F1, F2
transaction CTSH Class A Common Stock Tax liability -$197K -2.36K -13.23% $83.51 15.5K Mar 4, 2025 Direct F3

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 Options Exercise $0 -4.33K -33.34% $0.00 8.67K Mar 4, 2025 Class A Common Stock 4.33K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A Common Stock of Cognizant Technology Solutions Corporation (the "Company") received from the vesting of 2/3rds of 1/5th of the restricted stock unit ("RSU") award granted on December 4, 2023.
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F4 A total of 32,497 RSUs were granted on December 4, 2023 under the Company's 2023 Incentive Award Plan and will vest in nine successive quarterly installments, commencing on March 4, 2024, with (i) 1/5th of such RSUs vesting on the first vesting date; (ii) 2/3rds of 1/5th of such RSUs vesting on each of the four successive vesting dates; (iii) 1/3rd of 1/5th of such RSUs vesting on each of the next three successive vesting dates; and (iv) the remainder of such RSUs vesting on the ninth vesting date (March 4, 2026).