Kyndryl Holdings (NYSE: KD) CEO has 79,267 shares withheld for taxes
Rhea-AI Filing Summary
Kyndryl Holdings Chairman and CEO Martin J. Schroeter reported two tax-withholding dispositions of common stock on August 1, 2026. A total of 79,267 shares at $13.48 per share were withheld by the company to satisfy his tax obligations upon vesting of 86,553 and 68,717 restricted stock units granted in 2022 and 2023, respectively. These shares were offset from delivery rather than sold in the market.
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Insights
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Insider Trade Summary
Net Seller: 79,267 shares
Net Sell
2 txns
Insider
Schroeter Martin J
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 44,186 | $13.48 | $596K |
| Tax Withholding | Common Stock F2 | 35,081 | $13.48 | $473K |
Holdings After Transaction:
Common Stock — 2,369,819 shares (Direct)
Footnotes (2)
- F1. Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of 86,553 restricted stock units previously granted on August 1, 2022 to the Reporting Person. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.
- F2. Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of 68,717 restricted stock units previously granted on August 1, 2023 to the Reporting Person. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.
Key Figures
Shares withheld for 2022 RSU vesting: 44,186 shares
Shares withheld for 2023 RSU vesting: 35,081 shares
Total shares withheld for taxes: 79,267 shares
+3 more
6 metrics
Shares withheld for 2022 RSU vesting
44,186 shares
Common stock withheld on August 1, 2026 to cover tax on 86,553 RSUs granted August 1, 2022
Shares withheld for 2023 RSU vesting
35,081 shares
Common stock withheld on August 1, 2026 to cover tax on 68,717 RSUs granted August 1, 2023
Total shares withheld for taxes
79,267 shares
Aggregate shares used for tax withholding obligations related to RSU vesting on August 1, 2026
Tax-withholding share price
$13.48 per share
Price applied to common shares withheld for tax obligations on August 1, 2026
RSUs vested from 2022 grant
86,553 units
Restricted stock units previously granted on August 1, 2022 that vested and triggered withholding
RSUs vested from 2023 grant
68,717 units
Restricted stock units previously granted on August 1, 2023 that vested and triggered withholding
Key Terms
restricted stock units, withholding from delivery of shares, tax withholding obligation, Common Stock
4 terms
restricted stock units financial
"upon the vesting of 86,553 restricted stock units previously granted on August 1, 2022"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of 86,553 restricted stock units"
Common Stock financial
"Represents the withholding from delivery of shares of Common Stock from the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Kyndryl (KD) CEO Martin J. Schroeter report on this Form 4?
Martin J. Schroeter reported two tax-withholding dispositions of Kyndryl common stock on August 1, 2026, totaling 79,267 shares at $13.48 per share, executed by the company to cover his tax obligations on vested restricted stock units.
What restricted stock unit (RSU) awards vested for Kyndryl (KD) CEO Martin Schroeter?
The footnotes state that 86,553 RSUs from an August 1, 2022 grant and 68,717 RSUs from an August 1, 2023 grant vested, triggering the tax-withholding share dispositions reported in this Form 4.
What does transaction code “F” mean in Martin Schroeter’s Kyndryl (KD) Form 4?
Transaction code “F” indicates payment of a tax liability by delivering or withholding securities. In this case, Kyndryl withheld common shares from Martin Schroeter’s vested RSUs to cover his tax withholding obligations, rather than executing market sales.
Does this Kyndryl (KD) Form 4 reflect trades under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes describe only tax-withholding transactions tied to RSU vesting, not a pre-arranged trading plan for discretionary buying or selling of shares.