Form 4: Kyndryl CFO's Routine Share Withholding for Taxes
Insider Transaction Report
Kyndryl Holdings, Inc. CFO David B. Wyshner reported routine share withholdings to cover tax obligations upon the vesting of restricted stock units.
Summary
- Kyndryl Holdings, Inc. CFO David B. Wyshner reported transactions on August 1, 2025, related to the vesting of restricted stock units (RSUs).
- A total of 16,866 shares of Common Stock were withheld by the Issuer at a price of $36.58 per share to satisfy tax withholding obligations upon the vesting of 32,972 RSUs granted on August 1, 2022.
- An additional 13,391 shares of Common Stock were withheld by the Issuer at a price of $36.58 per share to satisfy tax withholding obligations upon the vesting of 26,178 RSUs granted on August 1, 2023.
- These shares were withheld for tax purposes and were not sold by the Reporting Person.
- Following these transactions, David B. Wyshner beneficially owns 643,046 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The filing details routine insider transactions related to compensation, specifically the vesting of restricted stock units and subsequent share withholding for tax purposes, which is a neutral event for company fundamentals.
Positives
- The vesting of restricted stock units represents a standard component of executive compensation, aligning the CFO's interests with shareholder value.
- The transactions are routine and expected, indicating stability in compensation practices.
Negatives
- The withholding of shares for tax obligations results in a reduction of the CFO's direct beneficial ownership, although it is not a discretionary sale.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| CFO | NA | David B. Wyshner | NA | Confirmation of current role, not a change. |
Stakeholder Impact
- Minimal direct impact on shareholders beyond routine insider ownership adjustments.
- Primarily affects the CFO's personal shareholdings and compensation structure.
Key Dates
| Date | Description |
|---|---|
| 08/01/2022 | Grant date of 32,972 restricted stock units to the Reporting Person. |
| 08/01/2023 | Grant date of 26,178 restricted stock units to the Reporting Person. |
| 08/01/2025 | Transaction date for the vesting of restricted stock units and subsequent share withholding for tax obligations. |
| 08/05/2025 | Signature date of the Form 4 filing. |
Recommendation
holdThis Form 4 filing details routine insider share withholdings for tax purposes upon the vesting of restricted stock units. It does not indicate any discretionary sales by the CFO or provide new information regarding the company's operational performance, financial health, or strategic direction. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
Kyndryl, KD, CFO, David Wyshner, Form 4, SEC filing, insider transaction, restricted stock units, RSU, share withholding, beneficial ownership
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