---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151727"
form_type: "8-K"
ticker: "KD"
cik: "0001867072"
company_name: "Kyndryl Holdings, Inc."
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:51:11.729979+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kyndryl adopts executive severance plan and clawback policy for senior officers

## Summary
- Severance plan covers CEO Martin Schroeter, CFO David Wyshner, Group President Elly Keinan, CHRO Maryjo Charbonnier, and GC Edward Sebold.
- Non-CIC termination: 24 months salary for CEO, 18 months for others; CIC termination: 2.0x (CEO) and 1.5x (others) of salary plus target bonus.
- Qualifying retirement at age 55+ with 10+ years service allows outstanding RSUs to continue vesting as if active.
- Clawback policy allows recoupment of incentive pay for three years after a financial restatement or for direct/indirect misconduct causing material harm.
- All severance benefits require execution of release, two-year noncompete, and continued confidentiality compliance.

## SEC filing metadata
- accession: 0001104659-21-151727
- form_type: 8-K
- ticker: KD
- cik: 0001867072
- company_name: Kyndryl Holdings, Inc.
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867072/000110465921151727/0001104659-21-151727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867072/000110465921151727/tm2135737d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151727
- JSON: https://secwatch.observer/filing/0001104659-21-151727.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151727.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.