Gummadi Surya, President of the Americas at Cognizant Technology Solutions, has filed 74 Form 4 transactions, all in the company's stock (CTSH). The pattern is one-sided: Surya has recorded zero open-market purchases and zero acquisitions of any kind. The entire dollar volume, roughly $2.2 million, comes from sales, though the filings show those sales are almost entirely automatic events tied to equity compensation.
The recent filings, spanning September 2026 back to February 2026, show a consistent rhythm of option exercises (code M, valued at $0) paired with shares withheld to cover taxes (code F). On September 15, 2026, Surya exercised options and had $63,330.80 withheld. On September 1, the withheld amount was $168,618.38. Similar pairings appear on June 15 ($51,491.79 withheld), June 1 ($145,812.40), March 15 ($360,650.38), and March 1 ($57,149.41). The largest single tax-withholding event in this window was the March 15 filing at over $360,000. Two grants (code A) appeared on February 25, 2026, with no dollar value attached.
The data shows no discretionary selling. Surya has not reported a single open-market sale (code S) or a sale back to the issuer (code D). Every sale event is a code F, which is a mandatory surrender of shares to satisfy tax obligations on vested or exercised awards. The total sell value of $2,197,697.97 is therefore the sum of these automatic withholdings, not a reflection of market-timing decisions. The absence of any code P transactions means Surya has not added shares with personal cash during this period. The record is a compensation cycle: grants, exercises, and the tax withholding that follows.
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