STOCK TITAN

Kyndryl (KD) interim general counsel gets 24,804 RSUs as 742 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Ringes Mark
Role Interim General Counsel & Sec
Type Security Shares Price Value
Tax Withholding Common Stock 742 $12.62 $9K
Grant/Award Common Stock 24,804 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 99,789 shares (Direct, null); Common Stock — 6 shares (Indirect, By Spouse)
Footnotes (1)
  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 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. These shares are owned directly by the Reporting Person's spouse.
RSU grant 24,804 units Restricted stock units granted to Mark Ringes, vesting from June 3, 2027
Tax withholding shares 742 shares Shares withheld to cover tax on vested restricted stock units
Vested RSUs 2,057 units Previously granted restricted stock units that vested, triggering tax withholding
Direct holdings after transactions 99,789 shares Kyndryl common stock directly held by Mark Ringes following Form 4 transactions
Indirect holdings 6 shares Kyndryl common stock held by spouse, reported as indirect ownership
RSU vesting start date June 3, 2027 First vesting date for new RSU grant, then annually in four installments
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 2,057 restricted stock units"
withholding from delivery of shares financial
"Represents the withholding from delivery of shares of Common Stock from the Issuer"
indirect ownership financial
"These shares are owned directly by the Reporting Person's spouse."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Ringes Mark

(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)
Interim General Counsel & Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock06/01/2026A24,804(1)A$0100,531D
Common Stock06/02/2026F742(2)D$12.6299,789D
Common Stock6(3)IBy Spouse
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 that vest in four equal annual installments beginning on June 3, 2027.
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 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.
3. These shares are owned directly by the Reporting Person's spouse.
/s/ Evan Barth, Attorney-in-Fact06/03/2026
** 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)

FAQ

What insider transactions did Kyndryl (KD) executive Mark Ringes report?

Mark Ringes reported a new equity grant and a tax-related share withholding. He received 24,804 restricted stock units and had 742 shares withheld to cover taxes on 2,057 vested units, without any open-market share sales.

How many Kyndryl (KD) restricted stock units were granted to Mark Ringes?

Mark Ringes received a grant of 24,804 restricted stock units. These units vest in four equal annual installments starting on June 3, 2027, providing a long-term equity-based component to his compensation that aligns with multi-year company performance.

Were any Kyndryl (KD) shares sold by Mark Ringes in this Form 4 filing?

No open-market sales were reported. The filing shows 742 shares withheld by Kyndryl to satisfy Mark Ringes’s tax obligation on vested restricted stock units, meaning those shares were offset rather than sold in public trading.

What is Mark Ringes’s Kyndryl (KD) share ownership after these transactions?

Following the reported transactions, Mark Ringes directly holds 99,789 shares of Kyndryl common stock. In addition, 6 shares are held indirectly through his spouse, as disclosed in the Form 4 footnotes.

How do the new Kyndryl (KD) RSUs for Mark Ringes vest over time?

The 24,804 restricted stock units granted to Mark Ringes vest in four equal annual installments. Vesting begins on June 3, 2027, creating a staged schedule that links his compensation to continued service and long-term company results.

What does the tax withholding transaction mean in the Kyndryl (KD) Form 4?

The tax withholding entry reflects 742 shares withheld to cover taxes on 2,057 restricted stock units that vested. This is a standard mechanism where the company withholds shares instead of the executive paying cash for the tax liability.