Form 4: Cognizant EVP John Sunshin Kim Reports Stock Transactions
SEC Form 4 Filing
EVP, CLO, CAO John Sunshin Kim reports transactions involving Cognizant Technology Solutions Corp. Class A Common Stock, including acquisitions from RSU vesting and disposals for tax obligations.
Summary
- John Sunshin Kim, EVP, CLO, and CAO of Cognizant Technology Solutions Corp., filed a Form 4 detailing changes in beneficial ownership of the company's Class A Common Stock.
- The reported transactions include the acquisition of shares through the vesting of Restricted Stock Units (RSUs) on February 15 and 16, 2025.
- Kim also disposed of shares to cover applicable tax obligations related to the vesting of these RSUs.
- Following these transactions, Kim directly owns 40,182 shares of Class A Common Stock.
- The filing also includes a Limited Power of Attorney, effective December 6, 2024, granting certain individuals the authority to act on Kim's behalf for Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies like Cognizant.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2022-11-15 | Date of original grant of 3,127 RSUs under the Company's 2017 Incentive Award Plan. |
| 2023-02-16 | Date of original grant of 14,692 RSUs, 7,534 RSUs and 6,781 RSUs under the Company's 2017 Incentive Award Plan. |
| 2024-12-06 | Date of execution of Limited Power of Attorney. |
| 2025-02-15 | Transaction date for RSU vesting and tax obligation fulfillment. |
| 2025-02-16 | Transaction date for RSU vesting and tax obligation fulfillment. |
Keywords
Form 4, Cognizant, Stock, RSU, Vesting, Kim, Ownership, Transactions
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