secwatch.observer — SEC 8-K summary
======================================

Issuer:     Kyndryl Holdings, Inc. (KD)
CIK:        0001867072
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001104659-22-084380
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kyndryl shareholders approve LTPP amendment adding 8.5M shares; severance plan amended for retirement vesting
--------------------------------------------------------------------------------

- Stockholders approved LTPP amendment increasing share issuable by 8.5M shares and changing governing law to NY.
- Severance Plan amended effective July 28, 2022: participants over 55 with 10+ years service eligible for continued RSU vesting on termination without cause.
- All director nominees elected with over 96% support; say-on-pay approved with 81% support; advisory frequency 'every year' chosen.
- PwC ratified as auditor for FY ending March 31, 2023 with 99% support.
- CEO Schroeter, Group President Keinan, GC Sebold currently meet age/service conditions for new retirement benefit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867072/000110465922084380/0001104659-22-084380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867072/000110465922084380/tm2222002d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-084380

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer