Kyndryl (KD) interim controller receives 19,843 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Doegar Bhavna reported acquisition or exercise transactions in this Form 4 filing.
Kyndryl Holdings, Inc. reported that Interim Corporate Controller Bhavna Doegar received a grant of 19,843 shares of common stock in the form of restricted stock units. These RSUs vest in four equal annual installments beginning on June 3, 2027. Following this equity award, Doegar directly holds 112,593 shares of Kyndryl common stock. The grant represents compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Doegar Bhavna
Role
Interim Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,843 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 112,593 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 19,843 shares
Post-transaction holdings: 112,593 shares
Vesting term: 4 years
+2 more
5 metrics
RSU grant size
19,843 shares
Restricted stock units granted to Interim Corporate Controller
Post-transaction holdings
112,593 shares
Common stock directly held after RSU award
Vesting term
4 years
RSUs vest in four equal annual installments
Vesting start date
June 3, 2027
First installment date for RSU vesting
Transaction price per share
$0.0000
Reported grant price for RSUs (compensation award)
Key Terms
restricted stock units, vest in four equal annual installments, Grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents a grant of restricted stock units that vest in four equal annual installments"
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.
vest in four equal annual installments financial
"grant of restricted stock units that vest in four equal annual installments beginning on June 3, 2027"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Kyndryl (KD) report for Bhavna Doegar?
Kyndryl reported an equity grant to Interim Corporate Controller Bhavna Doegar of 19,843 restricted stock units of common stock. The award is compensation-based, not an open-market trade, and increases her direct holdings to 112,593 shares after the transaction.
What is the vesting schedule for Bhavna Doegar’s Kyndryl (KD) RSU grant?
The RSUs vest over four years in equal annual installments. Vesting begins on June 3, 2027, with one-quarter of the 19,843 units becoming vested each year, making this a long-term incentive tied to continued service at Kyndryl.
What are Bhavna Doegar’s Kyndryl (KD) holdings after this Form 4 transaction?
After the RSU grant, Bhavna Doegar holds 112,593 shares of Kyndryl common stock directly. This total reflects her position immediately following the 19,843-share restricted stock unit award reported in the Form 4 filing.
Was the Kyndryl (KD) insider transaction a buy or a compensation grant?
The transaction is a compensation grant, not a market buy. The Form 4 uses code “A” for grant, award, or other acquisition, and the price per share is reported as 0.0000, indicating an equity award rather than an open-market purchase.