Form 4: Kennedy-Wilson Holdings CEO William McMorrow Reports Stock Transactions

William McMorrow, Chairman and CEO of Kennedy-Wilson Holdings, reports disposition of shares to cover tax obligations and acquisition of shares due to vesting of performance-based restricted stock units.

Summary

• On February 16, 2025, William McMorrow disposed of 55,392 shares of Kennedy-Wilson Holdings common stock at a price of $8.86 to cover tax withholding requirements.
• On February 18, 2025, McMorrow acquired 107,380 shares due to the vesting of performance-based restricted stock units.
• The performance hurdles for these restricted stock units were satisfied, resulting in the vesting of 218,164 shares, with 110,784 shares withheld for tax obligations.
• Following these transactions, McMorrow directly owns 3,766,040 shares of common stock.
• McMorrow also indirectly owns shares through various trusts and his wife.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. The vesting of performance-based restricted stock units is a slightly positive indicator.

Positives

• The vesting of performance-based restricted stock units indicates that the company met certain performance hurdles.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Performance-Based Restricted Stock Units, Kennedy-Wilson Holdings, William McMorrow