STOCK TITAN

Kyndryl (KD) Group President gets 248K RSUs, 11K shares withheld for taxes

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

Rhea-AI Filing Summary

Kyndryl Holdings Group President Elly Keinan reported routine equity compensation and related tax withholding. On June 1, 2026, he received a grant of 248,032 restricted stock units that vest in four equal annual installments beginning on June 3, 2027. On June 2, 2026, 11,253 shares of common stock were withheld by the company at $12.62 per share to satisfy his tax withholding obligation on 20,349 previously granted restricted stock units that vested. These shares were not sold in the market but offset the vested shares delivered. Following these transactions, he directly owned 1,616,869 shares of Kyndryl common stock.

Positive

  • None.

Negative

  • None.
Insider Keinan Elly
Role Group President
Type Security Shares Price Value
Tax Withholding Common Stock 11,253 $12.62 $142K
Grant/Award Common Stock 248,032 $0.00 --
Holdings After Transaction: Common Stock — 1,616,869 shares (Direct, null)
Footnotes (1)
  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 20,349 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.
RSU grant size 248,032 units Restricted stock units granted June 1, 2026
RSU vesting schedule 4 equal annual installments Beginning on June 3, 2027
Tax withholding shares 11,253 shares Shares withheld June 2, 2026 for tax obligation
Withholding price $12.62 per share Value used for tax-withholding disposition
Shares after transactions 1,616,869 shares Direct Kyndryl holdings following June 2, 2026 transaction
Previously vested RSUs 20,349 units RSUs granted June 2, 2025 that vested, triggering tax withholding
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.
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of 20,349 restricted stock units"
withholding from delivery of shares financial
"Represents the withholding from delivery of shares of Common Stock from the Issuer"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Keinan Elly

(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)
Group President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock06/01/2026A248,032(1)A$01,628,122D
Common Stock06/02/2026F11,253(2)D$12.621,616,869D
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 a grant of restricted stock units that vest in four equal annual installments beginning on June 3, 2027.
2. 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 20,349 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.
/s/ Evan Barth, Attorney-in-Fact06/03/2026
** 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 did Kyndryl (KD) executive Elly Keinan report in this Form 4?

Elly Keinan reported an equity award and related tax withholding. He received 248,032 restricted stock units and had 11,253 shares withheld to cover taxes on a prior RSU vesting, leaving him with 1,616,869 directly held Kyndryl shares.

How many restricted stock units did Kyndryl (KD) grant to Elly Keinan?

Kyndryl granted Elly Keinan 248,032 restricted stock units. These RSUs vest in four equal annual installments starting June 3, 2027, providing a long-term equity incentive that ties his compensation to the company’s share performance over several years.

When do Elly Keinan’s new Kyndryl (KD) restricted stock units vest?

The 248,032 restricted stock units vest in four equal annual installments beginning on June 3, 2027. This means 25% of the units vest each year over four years, creating a staggered schedule that encourages longer-term alignment with Kyndryl’s performance.

Were any Kyndryl (KD) shares sold by Elly Keinan in this Form 4?

No open-market sale occurred. The 11,253 Kyndryl shares reported with code F were withheld by the issuer to satisfy Keinan’s tax withholding obligation on vested RSUs, reducing delivered shares rather than representing a market sale transaction.

How many Kyndryl (KD) shares does Elly Keinan own after these transactions?

After the reported RSU grant and tax withholding, Elly Keinan directly owns 1,616,869 Kyndryl common shares. This figure reflects his position following the June 2, 2026 withholding related to the vesting of 20,349 previously granted restricted stock units.

What does transaction code F mean in Elly Keinan’s Kyndryl (KD) Form 4?

Transaction code F indicates a tax-withholding disposition. In this filing, 11,253 Kyndryl shares were withheld by the company to cover Keinan’s tax obligation upon vesting of earlier RSU awards, rather than being sold in the open market for cash proceeds.