{"url_path":"/sec/kd/8-k/2026-07-06/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 Regulation FD Disclosure**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1867072/0001104659-26-080558-index.html","accession_number":"0001104659-26-080558","cik":"0001867072","ticker":"KD","issuer_name":"Kyndryl Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1867072/0001104659-26-080558-index.html","primary_entity_key":"0001867072","primary_entity_name":"Kyndryl Holdings, Inc."},"word_count":414,"has_tables":true,"body_markdown":"**Item 7.01 Regulation FD Disclosure**\n\n \n\nMr. Bonzani, 62, previously served as senior\nvice president, general counsel and secretary of IPG since joining in 2012 and most recently as executive vice president and general counsel\nfrom 2021 to 2025. Prior to joining IPG, Andrew worked at IBM, holding a number of positions in the legal department for 18 years, most\nrecently as vice president, assistant general counsel and secretary from 2008 to 2012, overseeing the corporate legal functions. Mr. Bonzani\nreceived his JD from St. John’s University School of Law and his Bachelor of Arts degree in philosophy from Binghamton University.\n\n \n\n \n\n \n\n \n\nMr. Bonzani does not have any family relationship\nwith any of the Company’s executive officers or directors, and there are no arrangements or understandings between Mr. Bonzani\nand any persons pursuant to which he was appointed as an officer of the Company. In addition, there have been no transactions involving\nMr. Bonzani that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act\nof 1934, as amended.\n\n \n\nIn connection with the appointment of Mr. Bonzani,\nthe Compensation and Human Capital Committee of the Board set his annual base salary at $900,000, with an annual target incentive opportunity\nof 125% of base salary. Mr. Bonzani’s annual incentive award payout will be prorated for the fiscal year ended March 31,\n2027 (“fiscal 2027”), based on months of service, and will be determined by achievement of the Company’s pre-established\nperformance goals. Mr. Bonzani will also be eligible to participate in the Company’s long-term incentive (“LTI”)\nprogram and is expected to receive a fiscal 2027 LTI award with a target grant value of $2,500,000, of which 65% will be delivered in\nthe form of performance share units (“PSUs”) and 35% will be delivered in time-vesting restricted stock units (“RSUs”).\nThe RSU award will vest in four equal annual installments beginning on the first anniversary of the grant date, and the PSUs will vest\nsubject to the achievement of the Company’s pre-established performance criteria over a three-year performance period. Mr. Bonzani\nwill also receive a special sign-on RSU grant with a grant date value of $1,250,000 that will vest in three equal annual installments\nbeginning on the first anniversary of the grant date.\n\n \n\nA press release announcing the appointments of\nMs. Johnson, as Chief Financial Officer of the Company, and Mr. Bonzani, as General Counsel and Secretary of the Company, is\nfurnished as Exhibit 99.1 hereto and incorporated herein by reference."}