Kyndryl (NYSE: KD) interim controller awarded 92,750 RSUs in grants

Rhea-AI Filing Summary

Kyndryl Holdings, Inc. reported that Interim Corporate Controller Bhavna Doegar acquired equity awards tied to its common stock. On March 2, 2026, she received 68,845 restricted stock units in connection with her interim controller appointment, vesting in full three years from the grant date, and an additional 23,905 restricted stock units related to her joining the company in December 2025, vesting in two equal annual installments beginning on March 2, 2027. Following these grants, she directly holds 92,750 shares/units.

SEC Form 4

FORM 4

UNITED 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

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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^*

Doegar Bhavna

(Last) (First) (Middle)

ONE VANDERBILT AVENUE

15TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kyndryl Holdings, Inc. [ KD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim Corporate Controller

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		68,845(1)	A	$0	68,845	D
Common Stock	03/02/2026		A		23,905(2)	A	$0	92,750	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant, in connection with the Reporting Person's appointment as Interim Corporate Controller in February 2026, of restricted stock units that will vest in full 3 years from the grant date, with a grant date fair value based on the average of the high and low prices of the Company's common stock on the New York Stock Exchange on the grant date.

2. Represents a grant, in connection with the Reporting Person joining the Company in December 2025, of restricted stock units that vest in 2 equal annual installments beginning on March 2, 2027.

	/s/ Evan Barth, attorney-in-fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Kyndryl (KD) report for Bhavna Doegar?

Kyndryl reported that Interim Corporate Controller Bhavna Doegar received equity awards covering 92,750 shares. These consisted of two grants of restricted stock units tied to Kyndryl common stock, both awarded on March 2, 2026, with multi-year vesting schedules.

How many Kyndryl (KD) shares were granted to the interim controller?

Bhavna Doegar was granted restricted stock units covering a total of 92,750 Kyndryl shares. One grant included 68,845 units, and a second grant included 23,905 units, both recorded on March 2, 2026, increasing her direct holdings to 92,750 shares.

Why did Kyndryl (KD) grant restricted stock units to Bhavna Doegar?

Kyndryl granted restricted stock units to Bhavna Doegar in connection with her appointment as Interim Corporate Controller and her joining the company in December 2025. These awards are part of her compensation package and are structured to vest over multiple years.

What are the vesting terms of Bhavna Doegar’s Kyndryl (KD) RSU awards?

One Kyndryl RSU grant to Bhavna Doegar vests in full three years from the March 2, 2026 grant date. The second grant vests in two equal annual installments beginning on March 2, 2027, aligning her compensation with longer-term service.

Does the Kyndryl (KD) Form 4 show a stock purchase or a grant?

The Form 4 shows stock grants, not an open-market purchase. Both transactions are coded as awards (code A), with a price per share of $0.00, indicating non-cash restricted stock unit grants rather than shares bought in the market.

What role does Bhavna Doegar hold at Kyndryl (KD) in this Form 4?

In this Form 4, Bhavna Doegar is identified as Kyndryl’s Interim Corporate Controller. The reported equity awards are tied to her assuming this interim role and her earlier joining of the company in December 2025.