Schroeter Martin J 4
4 · Kyndryl Holdings, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Kyndryl (KD) CEO Martin Schroeter Receives RSU Award
What Happened
- Martin J. Schroeter, Kyndryl's Chairman and CEO, received a grant of 496,063 restricted stock units (RSUs) on 2026-06-01 (reported at $0.00).
- On 2026-06-02, 20,776 shares were withheld to satisfy tax withholding related to the vesting of 40,697 RSUs previously granted on 2025-06-02; the withholding is reported as a disposition at an effective price of $12.62 for a value of $262,193. These withheld shares were not sold on the open market but offset against vested shares.
Key Details
- Transaction codes: A = Award/Grant (496,063 RSUs on 2026-06-01); F = Tax withholding (20,776 shares on 2026-06-02).
- Award terms: The 496,063 RSUs vest in four equal annual installments beginning June 3, 2027 (per footnote).
- Tax withholding: 20,776 shares were withheld from delivery to satisfy taxes on 40,697 RSUs that vested; shares were withheld (not sold). Reported value of withheld shares: $262,193.
- Filing: Form 4 filed 2026-06-03 for transactions on 2026-06-01 and 2026-06-02 — appears timely.
- Shares owned after the transactions: Not specified in the filing.
Context
- The June 1 entry is a standard RSU award (no cash purchase). The June 2 entry is a routine tax-withholding disposition (cashless withholding), which does not represent an open-market sale by the insider.
- Awards and withholding are common for executives and are administrative (vesting/tax) events rather than explicit buy/sell signals.
Insider Transaction Report
Form 4
Schroeter Martin J
DirectorChairman and CEO
Transactions
- Award
Common Stock
[F1]2026-06-01+496,063→ 2,489,269 total - Tax Payment
Common Stock
[F2]2026-06-02$12.62/sh−20,776$262,193→ 2,468,493 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units that vest in four equal annual installments beginning on June 3, 2027.
- [F2]Represents the withholding from delivery of shares of Common Stock from the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of 40,697 restricted stock units previously granted on June 2, 2025 to the Reporting Person. These shares of Common Stock were not sold by the Reporting Person but were instead offset from the total number of vested shares of Common Stock received by the Reporting Person from the Issuer.
Signature
/s/ Evan Barth, Attorney-in-Fact|2026-06-03