Kyndryl counsel granted 24,804 RSUs, shares withheld for tax
Kyndryl Holdings Interim General Counsel & Secretary Mark Ringes reported routine equity compensation activity.
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Rhea-AI Filing Summary
Kyndryl Holdings Interim General Counsel & Secretary Mark Ringes reported routine equity compensation activity. He received a grant of 24,804 restricted stock units that vest in four equal annual installments beginning on June 3, 2027. In a separate transaction, 742 shares of common stock were withheld by the company to cover his tax obligation upon vesting of 2,057 previously granted restricted stock units; these shares were not sold in the market but offset the shares delivered.
After these transactions, Ringes directly holds 99,789 shares of Kyndryl common stock, and an additional 6 shares are held indirectly through his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 742 | $12.62 | $9K |
| Grant/Award | Common Stock | 24,804 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents a grant of restricted stock units that vest in four equal annual installments beginning on June 3, 2027.
- 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 2,057 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.
- F3. These shares are owned directly by the Reporting Person's spouse.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Kyndryl (KD) executive Mark Ringes report?
How many Kyndryl (KD) restricted stock units were granted to Mark Ringes?
How do the new Kyndryl (KD) RSUs for Mark Ringes vest over time?
What does the tax withholding transaction mean in the Kyndryl (KD) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.