Kennedy-Wilson exec stock withheld for taxes
Kennedy-Wilson Holdings, Inc. reported a Form 4 for Michael John Pegler, President KW Europe, showing a tax-related share withholding rather than an open-market sale.
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Rhea-AI Filing Summary
Kennedy-Wilson Holdings, Inc. reported a Form 4 for Michael John Pegler, President KW Europe, showing a tax-related share withholding rather than an open-market sale. On this transaction, 9,022 shares of common stock at $9.89 per share were withheld to satisfy tax obligations on vesting restricted stock awards.
After this tax-withholding disposition by the registrant, Pegler’s directly held common stock position was 164,187 shares. The footnote clarifies that no shares were sold by the reporting person; the shares were used solely to cover applicable tax withholding requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,022 | $9.89 | $89K |
Footnotes (1)
- F1. Shares held by Registrant to satisfy applicable tax withholding requirements on vesting of time-based vesting restricted stock awards. No shares were sold by the reporting person.
FAQ
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What insider transaction did Kennedy-Wilson (KW) report for Michael John Pegler?
What does transaction code F mean in the Kennedy-Wilson (KW) Form 4 for Michael John Pegler?
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