Form 4: Kyndryl CHRO Reports Stock Vesting and Tax Withholding
Statement of Changes in Beneficial Ownership
Kyndryl Holdings Chief Human Resources Officer Mark D. Paulek acquired 36,646 shares following the achievement of performance targets.
Summary
- Mark D. Paulek, Chief Human Resources Officer at Kyndryl Holdings, Inc., acquired 36,646 shares of common stock on May 28, 2026.
- The acquisition resulted from the vesting of performance share units (PSUs) based on targets met over a three-year period ending March 31, 2026.
- A total of 10,757 shares were withheld by the company to satisfy tax obligations related to the vesting event.
- Following these transactions, the reporting person holds 123,866 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation that does not signal a change in company strategy or financial health.
Positives
- The reporting person successfully met pre-established performance targets, resulting in the vesting of equity compensation.
- The transaction reflects alignment between executive compensation and long-term company performance.
Negatives
- The transaction involved a tax withholding event, which is a standard administrative process but reduces the net shares received by the executive.
Risks
- None identified in this filing.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of executive equity compensation vesting, which is standard practice for publicly traded technology services companies like Kyndryl.
Comparison to Industry Standards
- The use of performance-based equity vesting is consistent with standard corporate governance practices for executive compensation in the IT services sector.
- Tax withholding upon vesting is a standard administrative procedure for equity-based compensation plans.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Beginning of the three-year performance period for the PSUs. |
| 03/31/2026 | End of the three-year performance period for the PSUs. |
| 05/28/2026 | Date of the earliest transaction involving the vesting and tax withholding of shares. |
| 06/01/2026 | Date the Form 4 was signed and filed. |
Keywords
Kyndryl, KD, Form 4, Insider Trading, Executive Compensation, Performance Share Units
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