Kyndryl announced it granted equity awards to newly hired Chief Financial Officer Ellen Johnson and General Counsel and Secretary Andrew Bonzani as a material inducement for their employment. Johnson received 248,514 performance stock units at target, 121,248 restricted stock units, and 115,474 special sign-on restricted stock units, while Bonzani received 138,063 performance stock units at target, 67,360 restricted stock units, and 96,228 special sign-on restricted stock units. The awards were approved by the Compensation and Human Capital Committee under the NYSE employment inducement exemption and were granted pursuant to the Kyndryl 2026 Employment Inducement Equity Incentive Plan.
Kyndryl Holdings IncEquity awards to new executives are standard inducement, not directly affecting company performance.
