Kennedy-Wilson (KW) CEO reports 55,501 shares withheld for taxes on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennedy-Wilson Holdings, Inc. chairman and CEO William J. McMorrow reported a tax-related share disposition. On February 16, 2026, 55,501 shares of common stock were withheld by the company at $9.89 per share to satisfy tax withholding on vesting of time-based restricted stock awards, and the footnote states that no shares were sold by the reporting person. Following this, he directly owned 3,698,147 shares of common stock. 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MCMORROW WILLIAM J
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 55,501 | $9.89 | $549K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,698,147 shares (Direct);
Common Stock — 8,074,517 shares (Indirect, By William J. McMorrow Revocable Trust)
Footnotes (1)
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FAQ
What insider transaction did KW chairman William J. McMorrow report on February 16, 2026?
William J. McMorrow reported a tax-withholding disposition where 55,501 KW common shares were withheld by the company at $9.89 per share. The shares covered tax obligations from vesting restricted stock awards, and the footnote specifies that no shares were sold by him.
What does transaction code F mean in the KW Form 4 for William J. McMorrow?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this case, 55,501 KW shares were withheld by the issuer to satisfy tax withholding on vesting restricted stock, rather than being sold in the open market.