Kyndryl HR chief withholds 1,661 shares for taxes
Kyndryl’s chief human resources officer had shares withheld for taxes upon RSU vesting, with no open-market sale.
Rhea-AI Filing Summary
Kyndryl Holdings, Inc. (KD) reported that Chief Human Resources Officer Mark D. Paulek147,546
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,661 shares
Tax Withholding
1 txn
Insider
Paulek Mark D
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,661 | $13.18 | $22K |
Holdings After Transaction:
Common Stock — 147,546 shares (Direct)
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 3,434 restricted stock units previously granted on September 1, 2022 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
Shares withheld for tax: 1,661 shares
Per-share value for withholding: $13.18 per share
Shares held after transaction: 147,546 shares
+1 more
4 metrics
Shares withheld for tax
1,661 shares
Common Stock withheld on September 1, 2026 to satisfy tax withholding obligation
Per-share value for withholding
$13.18 per share
Valuation applied to the 1,661 withheld shares of Common Stock
Shares held after transaction
147,546 shares
Direct ownership of Mark D. Paulek following the September 1, 2026 transaction
RSUs vested
3,434 restricted stock units
Previously granted on September 1, 2022 and vested, triggering tax withholding
Key Terms
restricted stock units, tax withholding obligation, Common Stock
3 terms
restricted stock units financial
"upon the vesting of 3,434 restricted stock units previously granted on September 1, 2022"
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"
Common Stock financial
"shares of Common Stock were not sold by the Reporting Person"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Kyndryl (KD) disclose for Mark D. Paulek?
Kyndryl disclosed that Chief Human Resources Officer Mark D. Paulek1,661 sharesSeptember 1, 2026 to cover tax withholding obligations from vesting restricted stock units. The shares were not sold in the open market.
Was the Kyndryl (KD) insider transaction an open-market sale?
No. The filing states the 1,661 shareswithheld to satisfy tax withholding obligations upon RSU vesting and “were not sold by the Reporting Person but were instead offset from the total number of vested shares.”