Kyndryl Holdings, Inc.

Background

Company Name	Kyndryl Holdings, Inc.
Stock Symbol	KD
Class Period	August 07, 2024 to February 09, 2026
Lead Plaintiff Motion Deadline	April 13, 2026

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If you suffered a loss on your Kyndryl Holdings, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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Shares Purchased

Number of Shares	Buy Date	Price Per Share	Add
Purchased quantity	Purchased month Purchased day Purchased year

Shares Sold

Number of Shares	Sell Date	Price Per Share	Add
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Additional Comments

Background

On February 9, 2026, Kyndryl announced the Company’s CFO and General Counsel had both departed “effective immediately.” The Company also announced that it would be unable to timely file its quarterly report and that it “is reviewing its cash management practices related disclosures” as well as “the efficacy of the Company’s internal control over financial reporting, and certain other matters following the Company’s receipt of voluntary document requests from the Division of Enforcement of the Securities and Exchange Commission (“SEC”) relating to such matters.”

The Company further announced it “anticipates reporting material weaknesses in the Company’s internal control over financial reporting” which is expected to include at minimum “the effectiveness and strength of certain functions at the Company, including with respect to controls related to information and communication and tone at the top.”

On this news, Kyndryl’s stock price fell $12.90, or 54.9%, to close at $10.59 per share on February 9, 2026, thereby injuring investors.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Kyndryls financial statements issued during the Class Period were materially misstated; (2) Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls; (3) as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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