Kyndryl (NYSE: KD) interim counsel awarded 19,921 restricted stock units

Rhea-AI Filing Summary

Ringes Mark reported acquisition or exercise transactions in this Form 4 filing.

Kyndryl Holdings reported that Interim General Counsel Mark Ringes received a grant of 19,921 restricted stock units of common stock on March 2, 2026. The award was made in connection with his appointment and will vest six months from the grant date. Following this grant, he directly holds 69,319 common shares, and an additional 6 shares are held indirectly through his spouse.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ringes Mark

(Last) (First) (Middle)

ONE VANDERBILT AVENUE

15TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		19,921(1)	A	$0	69,319	D
Common Stock								6(2)	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant, in connection with the Reporting Person's appointment as Interim General Counsel in February 2026, of restricted stock units that will vest 6 months from the grant date, with a grant date fair value based on the average of the high and low prices of the Company's common stock on the New York Stock Exchange on the grant date.

2. These shares are owned directly by the Reporting Person's spouse.

	/s/ Evan Barth, attorney-in-fact	03/04/2026
	** 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 4 (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 did Kyndryl (KD) insider Mark Ringes report in this Form 4 filing?

Interim General Counsel Mark Ringes reported receiving 19,921 restricted stock units of Kyndryl common stock on March 2, 2026. The grant was made in connection with his appointment to the interim role and increases his directly held shares to 69,319.

Why did Kyndryl grant 19,921 restricted stock units to Mark Ringes?

Kyndryl granted 19,921 restricted stock units to Mark Ringes in connection with his appointment as Interim General Counsel in February 2026. The award reflects equity-based compensation tied to this leadership role rather than an open-market purchase of shares.

When do Mark Ringes’s Kyndryl restricted stock units vest?

The 19,921 restricted stock units granted to Mark Ringes will vest six months from the March 2, 2026 grant date. Vesting is based on a grant date fair value using the average of the high and low stock prices that day.

How many Kyndryl shares does Mark Ringes own after this transaction?

After the grant, Mark Ringes directly owns 69,319 shares of Kyndryl common stock. In addition, 6 shares are reported as indirectly owned through his spouse, reflecting a small separate holding noted in the filing’s ownership details.

How was the fair value of the Kyndryl restricted stock grant to Mark Ringes determined?

The grant date fair value of the 19,921 restricted stock units was based on the average of the high and low prices of Kyndryl’s common stock on the New York Stock Exchange on the March 2, 2026 grant date, as described in the filing footnote.

Are any of the Kyndryl shares reported by Mark Ringes held indirectly?

Yes. The filing notes that 6 Kyndryl common shares are owned directly by Mark Ringes’s spouse, and are therefore reported as indirectly owned. The remaining 69,319 shares following the transaction are reported as directly owned by Ringes himself.