Kyndryl executive reports tax share withholding
Kyndryl Holdings Group President Elly Keinan reported a tax-related share disposition, not an open-market sale.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,894 | $12.25 | $170K |
Footnotes (1)
- 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 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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
tax-withholding disposition financial
Form 4 regulatory
FAQ
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What did Kyndryl (KD) executive Elly Keinan report in this Form 4 filing?
What triggered the tax-withholding disposition reported by Kyndryl (KD) executive Elly Keinan?
AI-generated analysis. How Rhea-AI works. Not financial advice.