Form 4: Kyndryl Holdings SVP Vineet Khurana Reports Tax Withholding Transaction
SEC Form 4 Filing
Vineet Khurana, SVP & Global Controller of Kyndryl Holdings, Inc., reports a transaction involving the withholding of common stock to cover tax obligations.
Summary
- On June 8, 2024, Vineet Khurana, SVP & Global Controller of Kyndryl Holdings, Inc., had 741 shares of common stock withheld to satisfy tax obligations.
- The withholding occurred at a price of $26.16 per share.
- Following the transaction, Khurana directly owns 87,911 shares of Kyndryl common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/08/2020 | Date of original grant of 2,054 restricted stock units. |
| 06/08/2024 | Date of transaction: withholding of shares for tax obligations. |
| 06/11/2024 | Date of signature on the Form 4 filing. |
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