[8-K] Silo Pharma, Inc. Reports Material Event

Rhea-AI Filing Summary

Kyndryl Holdings, Inc. – SEC Form 4

• Insider: Stephen A.M. Hester, Director.
• Transaction date: 25 Jul 2025.
• Code F: 1,947 common shares withheld by the issuer at $38.74 each to cover taxes on the vesting of 7,787 previously granted RSUs (award dated 25 Jul 2024).
• Effect: No open-market sale or cash proceeds; shares were net-settled for tax, a routine administrative action.
• Post-transaction ownership: 51,080 KD shares held directly.
• No derivative securities were acquired, disposed of, or outstanding.

The filing reflects standard equity-based compensation settlement and does not indicate a change in Mr. Hester’s economic exposure to KD or signal a strategic shift by the insider.

Insights

Securities Analyst

TL;DR: Routine share withholding for taxes; neutral signal for KD investors.

The Code F entry shows Kyndryl withheld 1,947 shares from Director Stephen Hester to settle payroll taxes on an RSU vesting event. Because the transaction is non-discretionary, lacks cash proceeds, and leaves the insider with a sizable 51,080-share holding, it carries no material information about sentiment or valuation. Such filings are common across equity-comp plans and usually have negligible impact on liquidity, float, or governance metrics. I therefore view the disclosure as neutral for KD’s investment thesis.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 29, 2025

Silo Pharma, Inc.

(Exact name of registrant as specified in its charter)

Nevada		001-41512		27-3046338
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

677 N. Washington Boulevard Sarasota, FL		34236
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (718) 400-9031

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Rule 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of exchange on which registered
Common Stock, par value $0.0001 per share		SILO		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On July 29, 2025, Silo Pharma, Inc. (the “Company”) entered into an asset purchase agreement (the “Agreement”) with MAVS Holdings LLC (the “Seller”). Pursuant to the Agreement, the Seller agreed to sell, and the Company agreed to purchase, certain software of the web-based application currently marketed as “r2crypto.com” and the domain names socialscan.info, coinfeel.net, and r2crypto.com (the “Purchased Assets”).

In consideration for the Purchased Assets, the Company issued to the Seller, 750,000 shares of its common stock, par value $0.0001 per share (the “Shares”). The Agreement contains certain representations, warranties and covenants of the parties that are customary for agreements of its type. In addition, the Seller agreed to indemnify the Company for any misrepresentation or breach under the Agreement, infringement of any third-party right by any portion of the software and any acts of gross negligence, fraud or intentional misconduct by the Seller.

The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Agreement, which will be filed as an exhibit to this Current Report on Form 8-K and incorporated herein by reference.

Item 3.02 Unregistered Sales of Equity Securities.

The information set forth under Item 1.01 is incorporated herein by reference.

The offer and sale to the Seller of the Shares was made in reliance upon Section 4(a)(2) under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

Item 8.01 Other Events.

The Company has also acquired the following domain names: (1) silo-crypto.com, (2) silocrypto.com, (3) silocrypto.ai, (4) siloholdingsinc.com, (5) silocryptoholdings.com, and (6) silopharmaventures.com.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit		Description
10.1		Asset Purchase Agreement, dated July 29, 2025, between the Company and MAVS Holdings LLC.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SILO PHARMA, INC.
Date: July 29, 2025	By:	/s/ Eric Weisblum
		Eric Weisblum
		Chief Executive Officer

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FAQ

What insider transaction did Kyndryl (KD) report on 25 Jul 2025?

Director Stephen Hester had 1,947 KD shares withheld by the company to cover taxes on vested RSUs.

Was the 1,947-share disposition an open-market sale?

No. The shares were withheld by the issuer (Code F) and not sold in the market.

How many Kyndryl shares does Stephen Hester own after the transaction?

He directly owns 51,080 KD common shares.

What price was used for the share withholding?

The shares were valued at $38.74 per share, according to the Form 4.

Does the filing indicate any derivative security activity?

No derivative securities were acquired, disposed of, or outstanding in this filing.