Kyndryl Holdings (NYSE: KD) awards director 17,844 restricted stock units
Rhea-AI Filing Summary
HARRIS JOHN D reported acquisition or exercise transactions in this Form 4 filing.
Kyndryl Holdings, Inc. director John D. Harris received a grant of 17,844 restricted stock units representing common stock on July 30, 2026, reported at $13.45 per share. After this equity award, he directly holds 77,986 shares of common stock.
The RSUs will vest in full on the earlier of the first anniversary of the grant date and the date of Kyndryl’s 2027 Annual Meeting of Stockholders, provided that the 2027 meeting occurs at least 50 weeks after the 2026 Annual Meeting. The transaction was not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,844 shares
Net Buy
1 txn
Insider
HARRIS JOHN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 17,844 | $13.45 | $240K |
Holdings After Transaction:
Common Stock — 77,986 shares (Direct)
Footnotes (1)
- 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).
Key Figures
RSU grant: 17,844 shares
Transaction price: $13.45 per share
Post-transaction holdings: 77,986 shares
3 metrics
RSU grant
17,844 shares
Restricted stock units awarded on July 30, 2026
Transaction price
$13.45 per share
Value reported for the restricted stock unit grant
Post-transaction holdings
77,986 shares
Common stock directly held by John D. Harris after the award
Key Terms
restricted stock units, Annual Meeting of Stockholders, Power of Attorney
3 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did KD report for director John D. Harris?
John D. Harris received a grant of 17,844 restricted stock units of Kyndryl common stock. The award was reported at $13.45 per share and increased his direct holdings to 77,986 shares following the transaction.
When do John D. Harris’s new KD restricted stock units vest?
The 17,844 restricted stock units vest in full on the earlier of the first anniversary of the grant date and Kyndryl’s 2027 Annual Meeting of Stockholders, provided that the 2027 meeting occurs at least 50 weeks after the 2026 meeting.
Was John D. Harris’s KD equity grant made under a Rule 10b5-1 plan?
No. The report indicates the Rule 10b5-1 checkbox is not selected, meaning the 17,844-unit restricted stock grant to John D. Harris was not reported as made under a Rule 10b5-1 trading plan.
What type of security did John D. Harris receive from KD in this grant?
He received restricted stock units representing Kyndryl common stock. The award covers 17,844 units, which vest in a single tranche based on the earlier of the grant’s first anniversary or the company’s 2027 Annual Meeting of Stockholders.