Performance stock vests for Kennedy-Wilson (NYSE: KW) CEO
Rhea-AI Filing Summary
Kennedy-Wilson Holdings chairman and CEO William J. McMorrow reported the acquisition of common stock through equity awards. On
Footnotes explain these shares came from performance-based restricted stock that vested after the company met specified performance hurdles, with portions of the original awards withheld by the company to cover tax obligations. Following these transactions, his direct holdings rose to 3,952,103 common shares.
The filing also lists indirect holdings of 8,074,517 shares held by the William J. McMorrow Revocable Trust, 8,443 shares held by the John & Sons Retirement Trust, and 90,851 shares held by his wife, reflecting additional ownership reported on an indirect basis.
Positive
- None.
Negative
- None.