Form 4 for KD Kyndryl Holdings, Inc.
Accepted 2025-02-04 00:00:00 ET · period of report 2025-02-01 · accession 0001127602-25-003011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-04 | 2025-02-01 | KD | Sebold Edward | GC, Sec | M - OptEx | — | +21.7K | 168.2K | +15% | — |
| D | 2025-02-04 | 2025-02-01 | KD | Sebold Edward | GC, Sec | F - Tax | $37.70 | -7,839 | 160.3K | -5% | -$295.5K |
| D | 2025-02-04 | 2025-02-01 | KD | Sebold Edward | GC, Sec | M - OptEx | — | -43.5K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-01 | M | A | 21,739 | — | 168,157 | D | — | — | (F1) Reflects the settlement of performance share units ("PSUs") previously granted on December 16, 2021 into shares of the Issuer's common stock. These PSUs vested based on the Issuer's achievement of an increase in its share price based on pre-established targets over a three-year performance period beginning on December 16, 2021 and ending on December 15, 2024. |
| 2 | Common | Common Stock | 2025-02-01 | F | D | 7,839 | $37.70 | 160,318 | D | — | — | (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 the PSUs described herein. 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. |
| 3 | Derivative | Performance Share Units | 2025-02-01 | M | D | 43,477 | — | 0 | D | — · — to — | 43,477 Common Stock | (F1) Reflects the settlement of performance share units ("PSUs") previously granted on December 16, 2021 into shares of the Issuer's common stock. These PSUs vested based on the Issuer's achievement of an increase in its share price based on pre-established targets over a three-year performance period beginning on December 16, 2021 and ending on December 15, 2024. (F3) Each PSU represents a contingent right to receive one share of the Issuer's common stock payable in common stock or cash at the discretion of the Issuer. |