Interim CFO of Kyndryl (NYSE: KD) details stock and option stakes

Rhea-AI Filing Summary

Kyndryl Holdings, Inc. interim CFO Harsh Chugh filed an initial ownership report showing his equity stake in the company. He directly holds stock options for 9,937 shares that are fully vested, and interests tied to 60,502 shares of common stock, largely through previously granted restricted stock units and a personal brokerage account.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Chugh Harsh

(Last) (First) (Middle)

ONE VANDERBILT AVENUE, 15TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/05/2026

3. Issuer Name and Ticker or Trading Symbol
Kyndryl Holdings, Inc. [ KD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	60,502(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to buy)	(2)	12/16/2031	Common Stock	9,937	$17.78	D

Explanation of Responses:

1. Represents 58,392 restricted stock units previously granted to the Reporting Person and 2,110 shares of common stock held in a personal brokerage account.

2. The Stock Options are fully vested.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney. The Reporting Person's Form ID application was pending as of the Form 3 filing deadline. This Form 3 was filed promptly upon issuance of EDGAR codes.

	/s/ Evan Barth, attorney-in-fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What does the Kyndryl (KD) Form 3 filing by interim CFO Harsh Chugh report?

The Form 3 filing reports Harsh Chugh’s initial beneficial ownership in Kyndryl. It lists his fully vested stock options and his interests in common shares, establishing a baseline of his equity stake as he serves as interim CFO.

How many Kyndryl (KD) stock options does interim CFO Harsh Chugh hold?

Harsh Chugh holds stock options for 9,937 Kyndryl shares. A footnote states these stock options are fully vested, meaning he has already earned the right to exercise all of them under the terms of the original grants.

How many Kyndryl (KD) common shares are tied to Harsh Chugh’s Form 3 filing?

The filing shows total interests tied to 60,502 Kyndryl common shares. A footnote explains this includes 58,392 previously granted restricted stock units and 2,110 shares held directly in a personal brokerage account under his name.

Did the Kyndryl (KD) Form 3 show any insider buying or selling by Harsh Chugh?

The Form 3 does not show insider buying or selling activity. It is an initial statement of beneficial ownership, listing existing stock options and equity interests, rather than recording new purchase or sale transactions in Kyndryl securities.

What is the significance of restricted stock units in Harsh Chugh’s Kyndryl (KD) holdings?

Restricted stock units form the majority of his reported common stock interests. The filing states 58,392 restricted stock units were previously granted, indicating a substantial portion of his compensation is tied to Kyndryl’s equity over time.

Are Harsh Chugh’s Kyndryl (KD) stock options vested according to the Form 3?

Yes. A specific footnote states that the stock options reported in the Form 3 are fully vested. This means all 9,937 option rights have completed their vesting schedule and can be exercised under the applicable plan rules.