Keinan Elly 4
4 · Kyndryl Holdings, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Kyndryl (KD) Group President Keinan Elly Withholds Shares for Taxes
What Happened
Keinan Elly, Group President of Kyndryl Holdings (KD), had 13,894 shares withheld on June 3, 2026 to satisfy tax withholding related to the vesting of restricted stock units. The withholding value was calculated at $12.25 per share, totaling $170,202. These shares were not sold on the open market but were offset against the 25,123 RSUs that vested (grant originally dated June 3, 2024).
Key Details
- Transaction date and price: 2026-06-03, 13,894 shares withheld @ $12.25 per share.
- Total value withheld: $170,202.
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code/footnote: F (tax withholding). Footnote F1 states shares were withheld from delivery to satisfy tax withholding on 25,123 vested RSUs (grant date 6/3/2024).
- Filing timeliness: Report filed on 2026-06-05 for a 2026-06-03 transaction (appears timely).
Context
This was a tax-withholding event tied to RSU vesting (a routine administrative transaction), not an open-market sale or new purchase. Withholdings are common when equity awards vest and generally do not by themselves indicate the insider’s view of the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-03$12.25/sh−13,894$170,202→ 1,602,975 total
Footnotes (1)
- [F1]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 25,123 restricted stock units previously granted on June 3, 2024 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.