Kyndryl Holdings (NYSE: KD) grants Stephen Hester 17,844 RSUs and withholds shares for taxes
Rhea-AI Filing Summary
Kyndryl Holdings director Stephen A. M. Hester received a grant of 17,844 restricted stock units tied to Kyndryl common stock, scheduled to vest in full on the earlier of the grant-date anniversary and the company’s 2027 Annual Meeting of Stockholders, subject to a 50-week timing condition. On the same date, 1,260 shares of common stock were withheld at $13.45 per share to satisfy Hester’s tax withholding obligation upon the vesting of 6,296 restricted stock units granted on July 31, 2025; these shares were not sold in the market but offset from the vested shares delivered.
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Insider Trade Summary
Net Buyer: 16,584 shares
Net Buy
2 txns
Insider
Hester Stephen A. M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,844 | $13.45 | $240K |
| Tax Withholding | Common Stock F2 | 1,260 | $13.45 | $17K |
Holdings After Transaction:
Common Stock — 73,960 shares (Direct)
Footnotes (2)
- 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).
- 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.
Key Figures
Restricted stock units granted: 17,844 units
Shares withheld for taxes: 1,260 shares
Reference price per share: $13.45 per share
+2 more
5 metrics
Restricted stock units granted
17,844 units
Equity award to director Stephen A. M. Hester on 2026-07-30
Shares withheld for taxes
1,260 shares
Common stock withheld to satisfy tax withholding obligation on RSU vesting
Reference price per share
$13.45 per share
Price applied to both the RSU grant and tax-withholding share calculation
Previously vested RSUs
6,296 units
Restricted stock units granted on July 31, 2025 that vested and triggered tax withholding
Vesting timing condition
50 weeks
2027 Annual Meeting must be at least 50 weeks after the 2026 Annual Meeting
Key Terms
restricted stock units, withholding from delivery of shares, tax withholding obligation, Annual Meeting of Stockholders
4 terms
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.
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting"
Annual Meeting of Stockholders financial
"on the earlier of the anniversary of the grant date and the date of the Issuer's 2027 Annual Meeting of Stockholders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Kyndryl (KD) grant to Stephen A. M. Hester?
Kyndryl granted Stephen A. M. Hester 17,844 restricted stock units tied to its common stock. This equity award is scheduled to vest in full based on time, linked to the grant-date anniversary or the company’s 2027 Annual Meeting of Stockholders.
When will Stephen Hester’s new Kyndryl (KD) restricted stock units vest?
The 17,844 restricted stock units will vest in full on the earlier of the grant-date anniversary and Kyndryl’s 2027 Annual Meeting of Stockholders, provided that this meeting occurs at least 50 weeks after the 2026 Annual Meeting.
What does the tax-withholding transaction in Kyndryl (KD) Hester’s Form 4 represent?
The transaction coded “F” represents withholding from delivery of shares by Kyndryl to pay Stephen Hester’s tax withholding obligation on vesting of earlier RSUs. It reflects a tax-related disposition rather than a discretionary sale of shares into the market.