Kyndryl CEO awarded 427K shares, holds 1.99M
Kyndryl Holdings Chairman and CEO Martin J. Schroeter reported compensation-related stock activity.
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Rhea-AI Filing Summary
Kyndryl Holdings Chairman and CEO Martin J. Schroeter reported compensation-related stock activity. He acquired 427,516 shares of common stock on May 28, 2026 at $0.00 per share as a grant tied to performance share units earned over a three-year period from April 1, 2023 through March 31, 2026.
To cover tax withholding on the vesting of these PSUs, 205,913 shares of common stock were withheld by the company at a value of $12.16 per share. These withheld shares were not sold on the open market but offset part of the vested award. After these transactions, Schroeter directly holds 1,993,206 shares of Kyndryl common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 427,516 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 205,913 | $12.16 | $2.50M |
Footnotes (2)
- F1. Represents shares acquired by the Reporting Person upon the achievement of pre-established performance targets over a three-year performance period beginning on April 1, 2023 and ending on March 31, 2026, pursuant to a previously granted award of performance share units ("PSUs").
- 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 the PSUs described herein. 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
Key Terms
tax withholding obligation financial
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