Paulek Mark D 4

What Happened
Mark D. Paulek, Chief Human Resources Officer of Kyndryl Holdings (KD), had 437 shares of common stock withheld to satisfy tax withholding on the vesting of restricted stock units. The withholding was reported at $12.25 per share for a total value of $5,353. These shares were not sold on the open market but were offset from the 1,488 RSUs that vested.

Key Details

• Transaction date: 2026-06-03; filing date: 2026-06-05. No late-filing flag indicated in the provided data.
• Withheld shares: 437 at $12.25 each; total value $5,353.
• RSUs vested: 1,488 (granted June 3, 2024); withheld shares were applied to tax obligations (cashless/share withholding).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: Withholding represents shares retained by the issuer to satisfy the reporting person’s tax withholding obligation; the reporting person did not sell the withheld shares.

Context
This was a routine tax-withholding transaction tied to RSU vesting, not an open-market sale or purchase. Cashless withholding is common and generally treated as administrative rather than a directional signal about the insider’s view of the stock.