Kyndryl Holdings (NYSE: KD) grants director 17,844 restricted stock units
Rhea-AI Filing Summary
Merchant Rahul N reported acquisition or exercise transactions in this Form 4 filing.
Kyndryl Holdings director Rahul N. Merchant received a grant of 17,844 restricted stock units of common stock on July 30, 2026 at $13.45 per share. The units vest in full on the earlier of the grant’s anniversary and the 2027 Annual Meeting of Stockholders. After this award, he holds 35,130 shares directly and 42,800 shares indirectly through two family trusts.
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Insider Trade Summary
Net Buyer: 17,844 shares
Net Buy
2 txns
Insider
Merchant Rahul N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,844 | $13.45 | $240K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,130 shares (Direct);
Common Stock — 42,800 shares (Indirect, By Trust)
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 shares held by two trusts established for the benefit of the Reporting Person and the Reporting Person's spouse, of which the Reporting Person is the trustee of one trust and his spouse the other.
Key Figures
RSUs granted: 17,844 shares
Grant price: $13.45 per share
Direct holdings after grant: 35,130 shares
+1 more
4 metrics
RSUs granted
17,844 shares
Restricted stock units of common stock granted on July 30, 2026
Grant price
$13.45 per share
Reported value per share for the restricted stock unit grant
Direct holdings after grant
35,130 shares
Common stock directly owned by Rahul N. Merchant following the award
Indirect holdings via trusts
42,800 shares
Common stock held by two trusts for the benefit of Merchant and spouse
Key Terms
restricted stock units, Annual Meeting of Stockholders, Power of Attorney, By Trust
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.
Annual Meeting of Stockholders regulatory
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
Power of Attorney regulatory
"Exhibit 24.1 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
By Trust financial
"nature_of_ownership: "By Trust""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Kyndryl (KD) director Rahul N. Merchant report?
Rahul N. Merchant reported receiving 17,844 restricted stock units of Kyndryl common stock. The grant was made on July 30, 2026 at $13.45 per share and represents a compensation-related stock award, not an open-market purchase.
When will Rahul N. Merchant’s new Kyndryl (KD) restricted stock units vest?
The 17,844 restricted stock units will vest in full on the earlier of the first anniversary of the July 30, 2026 grant date and the date of Kyndryl’s 2027 Annual Meeting of Stockholders, provided that meeting occurs at least 50 weeks after the 2026 annual meeting.
What indirect Kyndryl (KD) holdings does Rahul N. Merchant report?
Merchant reports 42,800 shares held indirectly through two trusts established for the benefit of him and his spouse. He is trustee of one trust and his spouse is trustee of the other, and these positions are reported as indirect ownership.
Was Rahul N. Merchant’s Kyndryl (KD) stock grant made under a 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating the grant was made under a 10b5-1 trading plan. The award is characterized as a grant of restricted stock units tied to director compensation.
What type of security did Rahul N. Merchant receive from Kyndryl (KD)?
He received restricted stock units (RSUs) referencing Kyndryl common stock. These RSUs represent a right to receive shares upon vesting, rather than immediate common stock, and will vest based on the specified time and annual meeting conditions.