Form 4: Kennedy-Wilson Holdings Director Sells Shares to Cover Tax Obligations

Richard Aidan Hugh Boucher, a director at Kennedy-Wilson Holdings, disposed of shares to cover tax obligations related to vesting restricted stock awards.

Summary

• Richard Aidan Hugh Boucher, a director at Kennedy-Wilson Holdings, filed a Form 4 indicating changes in beneficial ownership.
• The transactions involved the disposal of common stock to satisfy tax withholding requirements on vesting restricted stock awards.
• On January 19, 2025, 367 shares were disposed of at a price of $9.2 per share.
• On January 20, 2025, an additional 200 shares were disposed of at the same price of $9.2 per share.
• Following these transactions, Mr. Boucher's direct holdings decreased by 567 shares, resulting in a total of 51,254 shares held directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate any positive or negative sentiment.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their transactions.

Comparison to Industry Standards

• Form 4 filings are a common practice across all publicly traded companies in the US.
• The transactions are typical for directors receiving stock-based compensation and needing to cover tax obligations.
• The share price of $9.2 is a specific value for this transaction and would need to be compared to the market price at the time of the transaction to assess if it was a fair market value.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Kennedy-Wilson Holdings, Director, Stock Disposal, Tax Withholding, Restricted Stock, Richard Boucher