Kyndryl (NYSE: KD) CHRO gets 27,560 RSUs; 598 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kyndryl Holdings Chief Human Resources Officer Mark D. Paulek reported routine equity compensation and related tax withholding. He received 27,560 shares of Common Stock as a restricted stock unit grant that vests in four equal annual installments beginning on June 3, 2027. To cover taxes on the vesting of 2,035 previously granted restricted stock units, 598 shares were withheld by the company at a reference price of $12.62 per share instead of being sold in the market. After these transactions, he directly owns 150,828 shares of Kyndryl common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Paulek Mark D
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 598 | $12.62 | $8K |
| Grant/Award | Common Stock | 27,560 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 150,828 shares (Direct, null)
Footnotes (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 2,035 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.
Key Figures
RSU grant: 27,560 shares
Tax withholding shares: 598 shares
Withholding reference price: $12.62 per share
+2 more
5 metrics
RSU grant
27,560 shares
Restricted stock units granted, vesting in four equal installments from June 3, 2027
Tax withholding shares
598 shares
Shares withheld to satisfy tax on vesting of 2,035 RSUs
Withholding reference price
$12.62 per share
Value used for 598-share tax-withholding disposition
Shares after transactions
150,828 shares
Direct Kyndryl common stock holdings following reported transactions
Previously vested RSUs
2,035 units
Restricted stock units that vested on which taxes were withheld
Key Terms
restricted stock units, vesting, tax withholding obligation, withholding from delivery of shares
4 terms
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.
vesting financial
"vest in four equal annual installments beginning on June 3, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of 2,035 restricted stock units"
FAQ
What did Kyndryl (KD) executive Mark D. Paulek report in this Form 4?
Mark D. Paulek reported a routine equity grant and tax-related share withholding. He received 27,560 restricted stock units and had 598 shares withheld to satisfy taxes on previously vested units, reflecting standard executive compensation rather than open-market trading activity.
When do Mark D. Paulek’s new Kyndryl (KD) restricted stock units vest?
The 27,560 restricted stock units granted to Mark D. Paulek vest in four equal annual installments, beginning on June 3, 2027. Each year, one-quarter of the award converts into Kyndryl common shares, provided the vesting conditions continue to be satisfied.
Does this Kyndryl (KD) Form 4 show any open-market buying or selling by the CHRO?
No open-market buying or selling is reported. The filing shows a grant of 27,560 restricted stock units and a 598-share tax withholding disposition. The withheld shares were used to pay taxes on vesting and were not sold by the executive in the open market.