Martin J. Schroeter - Aug 1, 2024 Form 4 Insider Report for Kyndryl Holdings, Inc. (KD)

Role: Chief Executive Officer, Director
Signature: /s/ Evan Barth, attorney-in-fact
Stock symbol: KD
Transactions as of: Aug 1, 2024
Transactions value $: -$1,966,589
Form type: 4
Date filed: 8/5/2024, 04:46 PM
Previous filing: Jun 5, 2024
Next filing: Dec 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KD	Common Stock	Tax liability	-$1.1M	-44.2K	-3.08%	$24.81	1.39M	Aug 1, 2024	Direct	F1
transaction	KD	Common Stock	Tax liability	-$870K	-35.1K	-2.52%	$24.81	1.36M	Aug 1, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 86,552 restricted stock units previously granted on August 1, 2022 to the Reporting Person. 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.
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 68,717 restricted stock units previously granted on August 1, 2023 to the Reporting Person. 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.

Content

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 86,552 restricted stock units previously granted on August 1, 2022 to the Reporting Person. 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.

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 68,717 restricted stock units previously granted on August 1, 2023 to the Reporting Person. 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.