Kyndryl Holdings (NYSE: KD) insider has 62,151 shares withheld for taxes
Rhea-AI Filing Summary
Elly Keinan, Group President of Kyndryl Holdings, had the issuer withhold 34,645 and 27,506 shares of common stock on August 1, 2026 at $13.48 per share to satisfy tax withholding obligations on vesting restricted stock units. In total 62,151 shares were withheld, tied to RSU grants of 62,648 units (granted August 1, 2022) and 49,738 units (granted August 1, 2023). These shares were not sold on the open market but offset the vested shares delivered.
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Insights
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Insider Trade Summary
Net Seller: 62,151 shares
Net Sell
2 txns
Insider
Keinan Elly
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 34,645 | $13.48 | $467K |
| Tax Withholding | Common Stock F2 | 27,506 | $13.48 | $371K |
Holdings After Transaction:
Common Stock — 1,540,824 shares (Direct)
Footnotes (2)
- 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 62,648 restricted stock units previously granted on August 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.
- F2. 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 49,738 restricted stock units previously granted on August 1, 2023 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 Taxes (2022 RSU Vesting): 34,645 shares
Shares Withheld for Taxes (2023 RSU Vesting): 27,506 shares
Total Shares Withheld for Tax Obligations: 62,151 shares
+3 more
6 metrics
Shares Withheld for Taxes (2022 RSU Vesting)
34,645 shares
Common stock withheld on August 1, 2026 at $13.48 per share, footnote F1
Shares Withheld for Taxes (2023 RSU Vesting)
27,506 shares
Common stock withheld on August 1, 2026 at $13.48 per share, footnote F2
Total Shares Withheld for Tax Obligations
62,151 shares
Aggregate shares used to satisfy tax liability on RSU vesting (Form 4 summary)
Per-Share Price Used for Withholding
$13.48 per share
Price applied to both withholding transactions on August 1, 2026
RSUs Vested from 2022 Grant
62,648 restricted stock units
Previously granted on August 1, 2022; vesting triggered F1 withholding
RSUs Vested from 2023 Grant
49,738 restricted stock units
Previously granted on August 1, 2023; vesting triggered F2 withholding
Key Terms
restricted stock units, tax withholding obligation, withholding from delivery
3 terms
restricted stock units financial
"upon the vesting of 62,648 restricted stock units previously granted on August 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 of 62,648 restricted stock units"
withholding from delivery financial
"Represents the withholding from delivery of shares of Common Stock from the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kyndryl (KD) report for Elly Keinan?
Elly Keinan had 34,645 and 27,506 Kyndryl common shares withheld on August 1, 2026 at $13.48 per share. The issuer used these shares to cover his tax obligations on vesting restricted stock units rather than selling shares in the market.
Which RSU grants triggered tax withholding for Kyndryl (KD) insider Elly Keinan?
The tax withholding relates to vesting of 62,648 restricted stock units granted on August 1, 2022 and 49,738 restricted stock units granted on August 1, 2023. Shares were withheld from delivery when these RSUs vested to satisfy related tax obligations.
Was Elly Keinan’s Kyndryl (KD) transaction under a Rule 10b5-1 trading plan?
The disclosure indicates the Rule 10b5-1 checkbox is not selected, so these tax-withholding transactions were not affirmed as occurring under a Rule 10b5-1 trading plan. They stem from automatic share withholding at the time of RSU vesting.