4Filed Sep 2, 8:00 PM ET
Kyndryl (KD) CHRO Mark Paulek Withholds 1,661 Shares for Taxes
$KD · Kyndryl Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Kyndryl (KD) CHRO Mark Paulek Withholds 1,661 Shares for Taxes
What Happened
Mark D. Paulek, Chief Human Resources Officer of Kyndryl Holdings (KD), had 1,661 shares withheld to satisfy his tax withholding obligation upon the vesting of restricted stock units (RSUs). The withheld shares are recorded at $13.18 per share for a total value of $21,892. This was a tax-withholding action (not an open-market sale).
Key Details
- Transaction date: 2026-09-01; filing date: 2026-09-03 (filed timely).
- Reported disposition: 1,661 shares withheld at $13.18/share = $21,892.
- Transaction code: F (tax withholding to satisfy tax liability on vesting).
- Footnote: The withholding satisfied taxes on 3,434 RSUs granted to Paulek on September 1, 2022; the shares were offset (not sold) from the vested shares.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
This was a routine tax-withholding event tied to RSU vesting (a cashless offset of shares), which is common and does not necessarily signal insider sentiment. The filing shows the shares were withheld by the issuer to cover tax obligations rather than sold on the market.