Kyndryl (KD) Director Machuel Denis Receives RSU Award

What Happened

• Machuel Denis, a director of Kyndryl Holdings (KD), was granted 17,844 restricted stock units (RSUs) on July 30, 2026 at an attributable value of $13.45 per share (total $240,002). On the same date 378 shares (valued at $13.45 each, $5,084 total) were withheld to satisfy tax withholding obligations related to prior RSU vesting.

Key Details

• Transaction date: July 30, 2026; Form 4 filed August 3, 2026 (appears timely).
• Primary code: A — Award/Grant of 17,844 RSUs @ $13.45 (value $240,002).
• Tax withholding code: F — 378 shares withheld @ $13.45 (value $5,084); these shares were not sold but retained by the company to cover taxes.
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes:
  • F1: The 17,844 RSUs vest in full on the earlier of the 1-year anniversary of the grant or the issuer's 2027 annual meeting (subject to a timing condition).
  • F2: The 378-share withholding satisfied taxes on 6,296 RSUs that vested July 31, 2025 and were not sold — they were offset against vested shares.

Context

• This filing reports a compensation grant (RSUs) and routine tax withholding, not an open-market purchase or sale. Grants are common director compensation and do not necessarily signal a trading opinion about the stock. The tax-withheld shares were withheld by the company rather than sold on the open market.