Kyndryl (KD) HR chief reports 97,977-share beneficial stake on Form 3
Rhea-AI Filing Summary
Kyndryl Holdings, Inc. reported the initial holdings of Chief Human Resources Officer Mark D. Paulek on a Form 3. He beneficially owns 97,977 shares of common stock, consisting of 49,836 restricted stock units previously granted to him and 48,141 shares held in a personal brokerage account.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paulek Mark D
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,977 shares (Direct)
Footnotes (1)
- F1. Represents 49,836 restricted stock units previously granted to the Reporting Person and 48,141 shares of common stock held in a personal brokerage account.
Key Figures
Total beneficial ownership: 97,977 shares
Restricted stock units: 49,836 RSUs
Shares in brokerage account: 48,141 shares
3 metrics
Total beneficial ownership
97,977 shares
Common Stock held by Mark D. Paulek following reported holdings
Restricted stock units
49,836 RSUs
Restricted stock units previously granted to the reporting person
Shares in brokerage account
48,141 shares
Common stock held in a personal brokerage account
Key Terms
restricted stock units, personal brokerage account, Common Stock
3 terms
restricted stock units financial
"Represents 49,836 restricted stock units previously granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
personal brokerage account financial
"and 48,141 shares of common stock held in a personal brokerage account"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Kyndryl (KD) Form 3 filing for Mark D. Paulek show?
The Form 3 filing reports Mark D. Paulek’s initial beneficial ownership in Kyndryl. He holds 97,977 shares of common stock, including restricted stock units and shares in a personal brokerage account, as he becomes a reportable insider.
How many restricted stock units does Kyndryl (KD) grant to Mark D. Paulek?
Mark D. Paulek has been granted 49,836 restricted stock units in Kyndryl. These RSUs represent share-based compensation that typically vests over time, contributing to his overall beneficial ownership position.
Did the Kyndryl (KD) Form 3 for Mark D. Paulek report any stock purchases or sales?
The Form 3 filing does not report any purchases or sales. It only discloses Mark D. Paulek’s existing beneficial ownership position, including restricted stock units and directly held shares, as of the reported date.
What is Mark D. Paulek’s role at Kyndryl (KD) in this Form 3 filing?
In this Form 3, Mark D. Paulek is identified as Kyndryl’s Chief Human Resources Officer. As a company officer, he must report his beneficial ownership of Kyndryl common stock when he becomes subject to insider reporting rules.