COGNIZANT TECHNOLOGY SOLUTIONS CORP recorded Varrier Rajesh’s forfeiture of 210 shares at $64.58 per share alongside option exercises at $0 per share. The transactions left Rajesh with 10,462 shares and 1,223 derivative securities, giving investors updated ownership figures for the company’s President Operations CMD India.

Key Highlights

  • Varrier Rajesh held 10,672 shares after the option exercises.
  • The executive’s derivative-security holdings stood at 1,223 after the transactions.
  • Rajesh serves as COGNIZANT TECHNOLOGY SOLUTIONS CORP’s President Operations CMD India.

COGNIZANT TECHNOLOGY SOLUTIONS CORP (NASDAQ: CTSH) recorded the forfeiture of 210 shares at $64.58 per share tied to Varrier Rajesh on Sep 1. The same day’s transactions also included option exercises at $0 per share, leaving the executive with 1,223 derivative securities.

Equity Transactions Set Ownership Figures

Rajesh is President Operations CMD India at COGNIZANT TECHNOLOGY SOLUTIONS CORP. His option exercises covered two separate transactions, with the associated activity recorded on Sep 1. Reported ownership after those exercises stood at 10,672 shares. A separate transaction reduced his share ownership to 10,462 after the forfeiture of 210 shares at $64.58 per share. The filing reports share ownership separately from derivative-security ownership following the option exercises. Following the exercises, Rajesh’s derivative-security ownership was 1,223. The option exercises were recorded at $0 per share. The share forfeiture was recorded separately at $64.58 per share, with both types of activity taking place on Sep 1.