Kyndryl CEO Martin Schroeter Sells $1.1 Million in Stock
Kyndryl CEO Martin Schroeter sold 79,267 shares of company stock to cover tax liabilities following the vesting of restricted stock units.
Martin J. Schroeter, Chairman and CEO of Kyndryl Holdings, Inc., sold 79,267 shares of common stock on August 1, 2026. The transaction was valued at approximately $1.1 million, based on a weighted average sale price of $13.48 per share.
The sale was a non-discretionary sell-to-cover event used to satisfy tax withholding liabilities. These liabilities were triggered by the vesting of 155,270 restricted stock units that had been granted to Schroeter in 2022 and 2023.
Following the transaction, Schroeter continues to hold approximately 2.37 million direct shares, which have a market value of $32.99 million. This specific sale represented roughly 3% of his total holdings in the company.