Kyndryl (KD) General Counsel Andrew Bonzani Receives RSU Award

What Happened Andrew Bonzani, General Counsel and Secretary of Kyndryl Holdings (KD), was granted two restricted stock unit (RSU) awards on August 12, 2026: 67,360 RSUs at $12.99 each (value $875,006) and 96,228 RSUs at $12.99 each (value $1,250,002), for a combined 163,588 RSUs valued at approximately $2,125,008. These are grants (code A on the Form 4), not open-market purchases or sales.

Key Details

• Transaction date: August 12, 2026; Form 4 filed August 14, 2026 (timely filing).
• Award details/prices: 67,360 RSUs @ $12.99 = $875,006 (Footnote F1); 96,228 RSUs @ $12.99 = $1,250,002 (Footnote F3).
• Vesting: F1 RSUs vest in four equal annual installments beginning August 12, 2027; F3 RSUs vest in three equal annual installments beginning August 12, 2027.
• Minor correction: Footnote F2 notes 5 shares were inadvertently excluded from the Reporting Person’s Form 3 filed July 14, 2026.
• Shares owned after transaction: not disclosed in the provided filing.

Context These grants are typical compensation awards (RSUs) that vest over future years and do not represent an immediate open-market purchase or sale. Because they are time‑based RSUs, they generally cannot be sold until they vest. The filing appears timely (filed two days after the grant).