Kyndryl Holdings (NYSE: KD) director awarded stock units, shares withheld
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
Net Buyer: 17,466 shares
Net Buy
2 txns
Insider
Machuel Denis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,844 | $13.45 | $240K |
| Tax Withholding | Common Stock F2 | 378 | $13.45 | $5K |
Holdings After Transaction:
Common Stock — 75,267 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
Equity award shares: 17,844 shares
Grant price: $13.45 per share
Tax withholding shares: 378 shares
+1 more
4 metrics
Equity award shares
17,844 shares
Restricted stock units granted to director on 2026-07-30
Grant price
$13.45 per share
Value used for restricted stock unit grant
Tax withholding shares
378 shares
Shares withheld to satisfy tax on RSU vesting
Vested restricted stock units
6,296 units
RSUs that vested from July 31, 2025 grant
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 regulatory
"the Issuer's 2027 Annual Meeting of Stockholders (provided that the date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Kyndryl (KD) director Denis Machuel receive on July 30, 2026?
Denis Machuel received an equity award of 17,844 restricted stock units tied to Kyndryl common stock at $13.45 per share. The award is structured as RSUs that will vest in full based on a future date linked to the 2027 Annual Meeting of Stockholders.
When do Denis Machuel’s new Kyndryl (KD) restricted stock units vest?
The new RSUs vest in full on the earlier of the grant’s one-year anniversary and Kyndryl’s 2027 Annual Meeting of Stockholders. This vesting is conditional on the 2027 meeting occurring at least 50 weeks after the 2026 Annual Meeting of Stockholders.
How many Kyndryl (KD) restricted stock units vested to trigger the tax withholding?
The tax withholding related to the vesting of 6,296 restricted stock units previously granted on July 31, 2025. When those RSUs vested, Kyndryl withheld 378 shares from delivery to cover the associated tax obligations due from Denis Machuel.
Were Denis Machuel’s recent Kyndryl (KD) equity transactions under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox was not marked, meaning the reported transactions were not affirmatively identified as being made pursuant to a pre-arranged 10b5-1 trading plan for Denis Machuel.