STOCK TITAN

Kyndryl Holdings (NYSE: KD) insider has 62,151 shares withheld for taxes

(Very High)
(Neutral)
Form Type
4

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 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)
  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 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.
  2. 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.
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
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"

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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.

Were Elly Keinan’s Kyndryl (KD) shares sold on the open market?

No. The 62,151 Kyndryl shares were withheld by the issuer to satisfy Elly Keinan’s tax withholding obligations. Footnotes state the shares "were not sold" but were offset from the total vested shares he received upon RSU vesting.

How many Kyndryl (KD) shares were withheld to cover Elly Keinan’s taxes?

A total of 62,151 Kyndryl common shares were withheld for tax obligations. This consists of 34,645 shares tied to one RSU vesting and 27,506 shares tied to another, both reported with transaction code F for tax withholding.

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.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Group President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/01/2026F34,645(1)D$13.481,568,330D
Common Stock08/01/2026F27,506(2)D$13.481,540,824D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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.
2. 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.
Remarks:
Exhibit List - Exhibit 24.1 - Power of Attorney
/s/ Ann Schlaffman, attorney-in-fact08/04/2026
** Signature of Reporting PersonDate
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)