Kyndryl (KD) CEO receives large RSU award and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kyndryl Holdings Chairman and CEO Martin J. Schroeter reported routine equity compensation activity. On June 1, 2026, he received a grant of 496,063 restricted stock units, which vest in four equal annual installments beginning on June 3, 2027. On June 2, 2026, 20,776 shares of common stock at $12.62 per share were withheld by the company to cover his tax obligations upon vesting of earlier RSUs, and these shares were not sold on the market. Following these transactions, he directly holds 2,468,493 shares of Kyndryl common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schroeter Martin J
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 20,776 | $12.62 | $262K |
| Grant/Award | Common Stock | 496,063 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,468,493 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock units that vest in four equal annual installments beginning on June 3, 2027. 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 40,697 restricted stock units previously granted on June 2, 2025 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
RSU grant size: 496,063 units
RSU vesting start: June 3, 2027
Shares withheld for taxes: 20,776 shares
+3 more
6 metrics
RSU grant size
496,063 units
Restricted stock units granted on June 1, 2026
RSU vesting start
June 3, 2027
First of four equal annual vesting dates
Shares withheld for taxes
20,776 shares
Withheld on June 2, 2026 for RSU tax obligation
Withholding reference price
$12.62 per share
Value used for tax-withholding disposition
Shares after transactions
2,468,493 shares
Total Kyndryl common stock directly held post-transaction
Previously vested RSUs
40,697 units
RSUs granted June 2, 2025 that vested and triggered tax withholding
Key Terms
restricted stock units, tax withholding obligation, vesting, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units that vest in four equal annual installments"
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 40,697 restricted stock units"
vesting financial
"that vest in four equal annual installments beginning on June 3, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering securities financial
"transaction code description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transactions did Kyndryl (KD) CEO Martin Schroeter report?
Martin Schroeter reported a grant of 496,063 restricted stock units and a withholding of 20,776 common shares for taxes. Both transactions are compensation-related, not open-market trades, and leave him holding 2,468,493 Kyndryl common shares directly.
What are the terms of Martin Schroeter’s new Kyndryl (KD) RSU grant?
The new grant covers 496,063 restricted stock units that vest in four equal annual installments. Vesting begins on June 3, 2027, meaning one quarter of the units becomes deliverable each year over a four-year schedule, subject to the grant’s conditions.
Do the reported Kyndryl (KD) insider transactions involve derivative securities?
No derivative transactions are listed in this Form 4. The filing only shows non-derivative common stock activity tied to a restricted stock unit grant and tax withholding on RSU vesting, with no options or other derivative positions reported in the derivative summary.