Kyndryl Holdings Annual Meeting: Approves Amended Long-Term Plan

What Happened

• Kyndryl Holdings, Inc. filed an 8‑K reporting results of its annual meeting held July 30, 2026 (filed July 31, 2026). Stockholders approved an Amended and Restated Kyndryl 2021 Long‑Term Performance Plan that increases the shares available under the plan by 7,600,000. The meeting also elected the slate of directors, ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2027, and passed an advisory vote to approve executive compensation.

Key Details

• Amended Long‑Term Performance Plan: approved with ~94% of votes present and entitled to vote (Votes For: 139,325,459; Against: 6,784,271; Abstentions: 712,280). Increases issuable shares by 7,600,000.
• Director elections: all nominees received roughly 90% support. Nominees re/elected include John D. Harris II, Janina Kugel, Denis Machuel, Rahul N. Merchant, Jana Schreuder and Howard I. Ungerleider (For votes ranged ~131–133M; Against votes ~13–14M).
• Advisory vote on executive compensation: approved by ~75% of votes present and entitled to vote (Votes For: 110,385,733; Against: 35,738,773; Abstentions: 697,504).
• Auditor ratification: PricewaterhouseCoopers LLP ratified as auditor for FY ending March 31, 2027 with ~97% support (Votes For: 176,123,580; Against: 4,164,302; Abstentions: 628,841).

Why It Matters

• The approval of the amended long‑term performance plan expands the equity available for employee and executive incentives, which can affect future share dilution and executive compensation programs. Director re‑elections and strong auditor ratification signal continuity in leadership and financial oversight. The advisory approval of executive pay (non‑binding) indicates shareholder support for the company’s compensation approach but remains subject to ongoing engagement and disclosure.