STOCK TITAN

Kyndryl (KD) HR chief uses 437 shares to cover RSU tax withholding

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

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.

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Insider Paulek Mark D
Role Chief Human Resources Officer
Type Security Shares Price Value
Tax Withholding Common Stock 437 $12.25 $5K
Holdings After Transaction: Common Stock — 150,391 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 437 shares Tax withholding on RSU vesting at $12.25 per share
Withholding price $12.25 per share Value used for 437 withheld shares
RSUs vested 1,488 units Restricted stock units granted June 3, 2024
Shares held after transaction 150,391 shares Direct holdings of Mark D. Paulek after tax withholding
restricted stock units financial
"upon the vesting of 1,488 restricted stock units previously granted on June 3, 2024"
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 1,488 restricted stock units"
withholding from delivery of shares financial
"Represents the withholding from delivery of shares of Common Stock from the Issuer"
Common Stock financial
"shares of Common Stock were not sold by the Reporting Person"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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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*
Paulek Mark D

(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)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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 Stock06/03/2026F437(1)D$12.25150,391D
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 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.
/s/ Evan Barth, Attorney-in-Fact06/05/2026
** 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 transaction did Kyndryl (KD) report for Mark D. Paulek?

Kyndryl reported that Chief Human Resources Officer Mark D. Paulek had 437 shares of common stock withheld to satisfy taxes when 1,488 restricted stock units vested. The withheld shares reduced his net delivery but were not market sales.

Were any Kyndryl (KD) shares actually sold by Mark D. Paulek in this Form 4?

No, the filing states the shares were not sold by Mark D. Paulek. Instead, 437 shares were withheld from delivery by Kyndryl to satisfy his tax withholding obligation on vested restricted stock units.

How many Kyndryl (KD) shares were withheld for taxes in this Form 4?

The Form 4 shows that 437 shares of Kyndryl common stock were withheld at $12.25 per share. This withholding covered Mark D. Paulek’s tax obligation arising from the vesting of 1,488 restricted stock units granted in 2024.

What award triggered the tax withholding reported for Kyndryl (KD) executive Mark D. Paulek?

The tax withholding was triggered by the vesting of 1,488 restricted stock units granted to Mark D. Paulek on June 3, 2024. When those units vested, Kyndryl withheld 437 shares from the delivery to cover his associated tax liability.

What are Mark D. Paulek’s Kyndryl (KD) holdings after this Form 4 transaction?

After the tax-withholding transaction, Mark D. Paulek directly holds 150,391 shares of Kyndryl common stock. This figure reflects his position following the vesting of restricted stock units and the related share withholding for tax obligations.

What does transaction code F mean in the Kyndryl (KD) Form 4 for Mark D. Paulek?

Transaction code F indicates payment of a tax liability or exercise price using company stock. In this case, 437 Kyndryl shares were withheld from delivery to cover Mark D. Paulek’s tax withholding obligation tied to vested restricted stock units.