Surya Gummadi - 01 Jun 2025 Form 4 Insider Report for COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)

Role
President - Americas
Signature
/s/ Kelli Arman, on behalf of Surya Gummadi, by Power of Attorney
Issuer symbol
CTSH
Transactions as of
01 Jun 2025
Transactions value $
-$73,053
Form type
4
Filing time
03 Jun 2025, 16:42:16 UTC
Previous filing
17 Jun 2025
Next filing
17 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gummadi Surya President - Americas C/O COGNIZANT TECHNOLOGY SOLUTIONS CORP., 300 FRANK W. BURR BLVD., STE 36, 6 FL, TEANECK /s/ Kelli Arman, on behalf of Surya Gummadi, by Power of Attorney 03 Jun 2025 0001936541

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTSH Class A Common Stock Options Exercise +1,168 +2.65% 45,255 01 Jun 2025 Direct F1, F2
transaction CTSH Class A Common Stock Options Exercise +636 +1.41% 45,891 01 Jun 2025 Direct F2, F3
transaction CTSH Class A Common Stock Tax liability -$73,052 -902 -1.97% $80.99 44,989 01 Jun 2025 Direct F4

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 -1,168 -12.5% $0 8,176 01 Jun 2025 Class A Common Stock 1,168 Direct F2, F5
transaction CTSH Restricted Stock Units Options Exercise $0 -636 -16.64% $0 3,187 01 Jun 2025 Class A Common Stock 636 Direct F2, F6
* 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 1/12th of the restricted stock unit ("RSU") award granted on February 28, 2024.
F2 Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 Shares of Class A Common Stock of the Company received from the vesting of 2/3rds of 1/8th of the RSU award granted on February 28, 2024.
F4 Shares of the Company's Class A Common Stock withheld to pay applicable taxes.
F5 A total of 14,016 RSUs were originally granted on February 28, 2024, under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with 1/12th of such RSUs first vesting on June 1, 2024, and each quarterly anniversary of such date so that such RSUs will be fully vested on the twelfth quarterly vesting date (March 1, 2027).
F6 A total of 7,645 RSUs were originally granted on February 28, 2024 under the Company's 2023 Incentive Award Plan and will vest in twelve successive quarterly installments, with (i) 1/8th of such RSUs vesting on each of June 1, 2024 and the next three quarterly anniversaries of such date; (ii) 2/3rds of 1/8th of such RSUs vesting on each of the following four quarterly anniversaries of such date; (iii) 1/3rd of 1/8th of such RSUs vesting on each of the following three quarterly anniversaries of such date; and (iv) the remainder of such RSUs vesting on the eleventh quarterly anniversary of such date (March 1, 2027).