STOCK TITAN

Kyndryl Holdings (NYSE: KD) director awarded 17,844 RSUs as 882 shares withheld

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kyndryl Holdings director Janina Kugel reported a grant of 17,844 restricted stock units, representing common stock valued at $13.45 per share. These RSUs vest in full on the earlier of the grant anniversary and the 2027 annual stockholders meeting, subject to the stated timing condition. A separate entry shows 882 shares of common stock withheld by the issuer at $13.45 to satisfy tax obligations on the vesting of 6,296 RSUs granted on July 31, 2025; these shares were not sold in the market.

Positive

  • None.

Negative

  • None.
Insider Kugel Janina
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 17,844 $13.45 $240K
Tax Withholding Common Stock F2 882 $13.45 $12K
Holdings After Transaction: Common Stock — 65,272 shares (Direct)
Footnotes (2)
  1. F1. Represents a grant of restricted stock units which will vest in full on the earlier of the anniversary of the grant date and the date of the Issuer's 2027 Annual Meeting of Stockholders (provided that the date of such annual meeting is at least 50 weeks after the date of the Issuer's 2026 Annual Meeting of Stockholders).
  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 6,296 restricted stock units previously granted on July 31, 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.
RSU grant 17,844 units Restricted stock units granted to Janina Kugel on 2026-07-30
Grant reference price $13.45 per share Value used for RSU grant and tax withholding calculations
Shares withheld for taxes 882 shares Common shares withheld to satisfy tax on RSU vesting
Previously vested RSUs 6,296 units RSUs granted July 31, 2025 that vested and triggered withholding
restricted stock units financial
"Represents a grant of restricted stock units which will vest in full"
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.
withholding from delivery of shares financial
"Represents the withholding from delivery of shares of Common Stock"
Annual Meeting of Stockholders financial
"on the earlier of the anniversary and the Issuer's 2027 Annual Meeting of Stockholders"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity award did Kyndryl (KD) director Janina Kugel receive in this Form 4?

Janina Kugel received a grant of 17,844 restricted stock units, representing Kyndryl common stock valued at $13.45 per share. The units are scheduled to vest in full based on the earlier of the grant anniversary and the company’s 2027 Annual Meeting of Stockholders, subject to timing conditions.

When will Janina Kugel’s 17,844 Kyndryl (KD) restricted stock units vest?

The 17,844 restricted stock units will vest in full on the earlier of the anniversary of the grant date and Kyndryl’s 2027 Annual Meeting of Stockholders, provided that meeting occurs at least 50 weeks after the 2026 annual meeting, as specified in the award terms.

Why were 882 Kyndryl (KD) shares withheld in Janina Kugel’s Form 4?

The 882 common shares were withheld by Kyndryl to satisfy Janina Kugel’s tax withholding obligation upon vesting of 6,296 RSUs granted on July 31, 2025. According to the disclosure, these shares were not sold in the market but offset against vested shares.

Did Janina Kugel sell any Kyndryl (KD) shares in this Form 4 filing?

No market sale is reported. The Form 4 shows a grant of 17,844 RSUs and a separate withholding of 882 shares by Kyndryl to cover taxes on prior RSU vesting. Footnotes state the withheld shares were not sold but offset from delivered vested shares.

Were Janina Kugel’s Kyndryl (KD) transactions made under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not reference any trading plan. The reported activity consists of an RSU grant and tax-related share withholding, rather than open-market purchases or sales under a pre-arranged plan.
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*
Kugel Janina

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026
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 Stock07/30/2026A17,844(1)A$13.4566,154D
Common Stock07/30/2026F882(2)D$13.4565,272D
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 a grant of restricted stock units which will vest in full on the earlier of the anniversary of the grant date and the date of the Issuer's 2027 Annual Meeting of Stockholders (provided that the date of such annual meeting is at least 50 weeks after the date of the Issuer's 2026 Annual Meeting of Stockholders).
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 6,296 restricted stock units previously granted on July 31, 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.
Remarks:
Exhibit List - Exhibit 24.1 - Power of Attorney
/s/ Ann Schlaffman, attorney-in-fact08/03/2026
** 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)