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 February 25, 2026, he received grants of 53,898, 80,372, and 119,686 shares of common stock at a stated price of $0.00 per share, classified as grant or award acquisitions.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,898 | $0.00 | -- |
| Grant/Award | Common Stock | 80,372 | $0.00 | -- |
| Grant/Award | Common Stock | 119,686 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person was previously granted performance-based restricted shares pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On February 25, 2026, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 109,727 shares, of which 55,829 shares were withheld by the registrant to satisfy tax withholding obligations. The reporting person was previously granted performance-based restricted shares pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On February 25, 2026, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 163,623 shares, of which 83,251 shares were withheld by the registrant to satisfy tax withholding obligations. The reporting person was previously granted performance-based restricted shares pursuant to the equity plan that vest if the registrant satisfies certain performance hurdles. On February 25, 2026, the performance hurdles were satisfied at levels which resulted in the vesting of a total of 243,661 shares, of which 123,975 shares were withheld by the registrant to satisfy tax withholding obligations.
