COGNIZANT TECHNOLOGY SOLUTIONS CORP — Director's Dealing 2024

Jun 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH)
CIK: 0001058290
Period of Report: 2024-06-04

Reporting Person: Mackay Leo S. Jr. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-04	Class A Common Stock	A	723	$65.35	Acquired	27394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-04	Restricted Stock Units	$	A	3366	Acquired		Class A Common Stock (3366)	Direct

Footnotes

F1: The Reporting Person elected, pursuant to Cognizant Technology Solutions Corporation (the "Company") Non-Employee Director Compensation Guidelines (the "Guidelines"), to receive fully vested shares of the Company's Class A Common Stock in lieu of 30% of the annual cash retainers to which he is entitled for his service on the Company's Board and its committees. The remaining 70% of such amounts will be paid in cash.

F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Company.

F3: The RSUs will vest fully on June 4, 2025. The Reporting Person has elected, pursuant to the Company's Guidelines to defer payment of such RSUs (and corresponding dividend equivalents, if any) until the first to occur of (1) a change in control, (2) the death or permanent disability of the Reporting Person, or (3) the first July 1 following the date of the Reporting Person's termination of service (other than due to death or permanent disability).