Kyndryl HR chief has 437 shares withheld for taxes
Kyndryl Holdings Chief Human Resources Officer Mark D. Paulek reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Kyndryl Holdings Chief Human Resources Officer Mark D. Paulek reported a routine tax-related share disposition. On the vesting of 1,488 restricted stock units granted on June 3, 2024, 437 shares of common stock were withheld by the company at $12.25 per share to cover his tax obligations. These shares were not sold on the market, and Paulek now directly holds 150,391 shares of Kyndryl common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 437 | $12.25 | $5K |
Footnotes (1)
- F1. 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 1,488 restricted stock units previously granted on June 3, 2024 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
Key Terms
restricted stock units financial
tax withholding obligation financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kyndryl (KD) report for Mark D. Paulek?
What award triggered the tax withholding reported for Kyndryl (KD) executive Mark D. Paulek?
What are Mark D. Paulek’s Kyndryl (KD) holdings after this Form 4 transaction?
What does transaction code F mean in the Kyndryl (KD) Form 4 for Mark D. Paulek?
AI-generated analysis. How Rhea-AI works. Not financial advice.