Kyndryl (KD) Group President has shares withheld to cover RSU taxes

Rhea-AI Filing Summary

Kyndryl Holdings Group President Elly Keinan reported a tax-related share disposition, not an open-market sale. On vesting of 25,123 restricted stock units granted on June 3, 2024, 13,894 shares of common stock were withheld by the company to satisfy his tax withholding obligation. After this withholding, he directly holds 1,602,975 shares of Kyndryl common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Keinan Elly

Role Group President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	13,894	$12.25	$170K

Holdings After Transaction: Common Stock — 1,602,975 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withheld shares: 13,894 shares RSUs vested: 25,123 units Price per share for withholding: $12.25 per share +1 more

4 metrics

Tax-withheld shares 13,894 shares Shares withheld to satisfy tax obligation on RSU vesting

RSUs vested 25,123 units Restricted stock units granted on June 3, 2024 that vested

Price per share for withholding $12.25 per share Reference price used for tax-withholding disposition

Shares held after transaction 1,602,975 shares Direct Kyndryl common stock holdings after withholding

Key Terms

restricted stock units, tax withholding obligation, tax-withholding disposition, Form 4

4 terms

restricted stock units financial

"upon the vesting of 25,123 restricted stock units previously granted on June 3, 2024"

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"

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Keinan Elly

(Last) (First) (Middle)

ONE VANDERBILT AVENUE, 15TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Group President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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

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

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

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	06/03/2026		F		13,894(1)	D	$12.25	1,602,975	D

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 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 25,123 restricted stock units previously granted on June 3, 2024 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.

	/s/ Evan Barth, Attorney-in-Fact	06/05/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Kyndryl (KD) executive Elly Keinan report in this Form 4 filing?

Elly Keinan reported a tax-withholding disposition of Kyndryl common stock. When 25,123 restricted stock units vested, 13,894 shares were withheld by the company to cover his tax obligations, and were not sold in the open market.

Were any Kyndryl (KD) shares sold by Elly Keinan on the market in this Form 4?

No, the filing states the shares were not sold by Elly Keinan. Instead, 13,894 shares were withheld by Kyndryl to satisfy his tax withholding obligation related to vesting restricted stock units granted on June 3, 2024.

How many Kyndryl (KD) shares were withheld for taxes from Elly Keinan’s RSU vesting?

The filing shows that 13,894 shares of Kyndryl common stock were withheld. This withholding covered Keinan’s tax obligation arising from the vesting of 25,123 restricted stock units previously granted to him on June 3, 2024.

How many Kyndryl (KD) shares does Elly Keinan hold after this Form 4 transaction?

After the tax-withholding disposition, Elly Keinan directly holds 1,602,975 shares of Kyndryl common stock. The withheld 13,894 shares were offset against the total vested RSU shares and did not involve an open-market sale.

What triggered the tax-withholding disposition reported by Kyndryl (KD) executive Elly Keinan?

The disposition was triggered by the vesting of 25,123 restricted stock units granted on June 3, 2024. Upon vesting, Kyndryl withheld 13,894 shares of common stock to cover Keinan’s tax withholding obligation instead of him selling shares to pay taxes.