Kyndryl director receives stock grant and tax withholding
Denis Machuel, a director of Kyndryl Holdings, reported an equity award of 17,844 shares of common stock in the form of restricted stock units at $13.45 per share.
Rhea-AI Filing Summary
Denis Machuel, a director of Kyndryl Holdings, reported an equity award of 17,844 shares of common stock in the form of restricted stock units at $13.45 per share. These units vest in full on the earlier of the grant’s one-year anniversary and the 2027 Annual Meeting of Stockholders, subject to a timing condition tied to the 2026 meeting. On the same date, 378 shares were withheld by the company at $13.45 per share to satisfy Machuel’s tax withholding obligation upon the vesting of 6,296 previously granted restricted stock units; these shares were not sold on the open market but offset the shares delivered. The transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,844 | $13.45 | $240K |
| Tax Withholding | Common Stock F2 | 378 | $13.45 | $5K |
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
Key Terms
restricted stock units financial
tax withholding obligation financial
Annual Meeting of Stockholders regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Kyndryl (KD) director Denis Machuel receive on July 30, 2026?
When do Denis Machuel’s new Kyndryl (KD) restricted stock units vest?
How many Kyndryl (KD) restricted stock units vested to trigger the tax withholding?
Were Denis Machuel’s recent Kyndryl (KD) equity transactions under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.