Cognizant Director Leo Mackay Receives Dividend Equivalent Rights on Equity Awards

2026-05-29SEC Filing 4 (0001558398-26-000006)

This Form 4 filing reports that Leo S. Mackay Jr., a director of Cognizant Technology Solutions Corp, received dividend equivalent rights on three types of equity awards on May 27, 2026. The transactions include: 29.1417 deferred restricted stock units (fully vested, settled upon termination), 21.4996 restricted stock units (fully vested, deferred settlement), and 18.0122 restricted stock units (vesting June 3, 2026, deferred settlement). All transactions were acquisitions (code A) at $0 per share, representing dividend equivalent rights accrued on previously outstanding equity awards. The director now holds 4,723.6215 deferred restricted stock units, 3,484.8905 restricted stock units, and 2,919.6262 restricted stock units. The filing demonstrates the company's ongoing equity compensation program for directors and the accrual of dividend equivalents on outstanding awards.