Kyndryl (KD) Group President gets 248K RSUs, 11K shares withheld for taxes
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
Key Figures
RSU grant size: 248,032 units
RSU vesting schedule: 4 equal annual installments
Tax withholding shares: 11,253 shares
+3 more
6 metrics
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
Key Terms
restricted stock units, tax withholding obligation, withholding from delivery of shares, grant, award, or other acquisition
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.
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of 20,349 restricted stock units"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
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.
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.