Form 4: Cognizant President Sells Shares Under 10b5-1 Plan

Cognizant Technology Solutions Corp.'s President Americas, Surya Gummadi, sold 1,728 shares of Class A Common Stock for a weighted average price of $83.0574 pursuant to a pre-arranged trading plan.

Summary

• Surya Gummadi, President Americas of Cognizant Technology Solutions Corp. (CTSH), reported a sale of Class A Common Stock.
• The transaction involved the disposition of 1,728 shares.
• The shares were sold on February 2, 2026, at a weighted average price of $83.0574 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Surya Gummadi on August 27, 2025.
• The individual sales prices ranged from $82.49 to $83.37.
• Following this transaction, Surya Gummadi beneficially owns 25,641 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral disclosure, typical for executive compensation and personal financial planning, executed under a pre-arranged Rule 10b5-1 trading plan.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 trading plans are a common practice for executives to manage personal finances, diversify holdings, and ensure compliance with insider trading regulations by pre-scheduling transactions.

Key Dates

Keywords

Cognizant, CTSH, Surya Gummadi, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation