Tax withholding reduces Kennedy-Wilson (KW) EVP Wambolds share count
Rhea-AI Filing Summary
Kennedy-Wilson Holdings EVP Regina Wambold had 5,116 shares of common stock withheld by the company at $9.89 per share to cover tax obligations on the vesting of restricted stock awards. No shares were sold by her. After these transactions, she directly holds 89,544 shares and indirectly holds 44,163 shares through The Finnegan Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,116 shares
Net Sell
2 txns
Insider
Finnegan Regina Wambold
Role
EVP, Risk Management and HR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,116 | $9.89 | $51K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 89,544 shares (Direct);
Common Stock — 44,163 shares (Indirect, By The Finnegan Family Trust)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kennedy-Wilson (KW) EVP Regina Wambold report in this Form 4?
Regina Wambold reported share withholding for taxes, not an open-market sale. The company withheld 5,116 Kennedy-Wilson common shares upon vesting of restricted stock awards to satisfy tax obligations, as noted in the Form 4 footnote.
What is the role of The Finnegan Family Trust in Regina Wambolds Kennedy-Wilson (KW) holdings?
The Finnegan Family Trust holds 44,163 Kennedy-Wilson common shares as an indirect ownership position for Regina Wambold. The Form 4 identifies these shares with an indirect ownership code and notes they are held by The Finnegan Family Trust.
What does transaction code F mean in Regina Wambolds Kennedy-Wilson (KW) Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, Kennedy-Wilson retained 5,116 shares upon vesting of restricted stock awards to pay applicable tax liabilities, rather than Regina Wambold executing an open-market sale.