KW (KW) director has 403 shares withheld to cover tax on vesting
Rhea-AI Filing Summary
Kennedy-Wilson Holdings, Inc. director Richard Aidan Hugh Boucher reported an automatic share withholding related to equity compensation. On January 19, 2026, 403 shares of common stock were withheld at $10 per share to satisfy tax withholding obligations arising from the vesting of time-based restricted stock awards. According to the disclosure, no shares were sold by the reporting person; the shares were retained by the issuer to cover taxes. Following this transaction, Boucher directly beneficially owned 69,251 shares of Kennedy-Wilson common stock.
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FAQ
What insider transaction did KW director Richard Boucher report?
Richard Aidan Hugh Boucher reported an automatic withholding of 403 shares of Kennedy-Wilson common stock on January 19, 2026, tied to the vesting of time-based restricted stock awards.
Was the January 19, 2026 transaction in KW stock an open-market sale?
No. The filing states the 403 shares were held by the company to meet tax withholding requirements on vesting of restricted stock awards, and that no shares were sold by the reporting person.
At what price were the KW shares withheld for taxes?
The 403 shares of Kennedy-Wilson common stock were withheld at a price of $10 per share to satisfy applicable tax withholding obligations.
How many KW shares does Richard Boucher own after this Form 4 transaction?
After the reported transaction, Richard Aidan Hugh Boucher beneficially owned 69,251 shares of Kennedy-Wilson common stock in direct ownership.
What is Richard Boucher’s relationship to Kennedy-Wilson Holdings, Inc.?
Richard Aidan Hugh Boucher is reported as a director of Kennedy-Wilson Holdings, Inc. and is not listed as an officer or 10% owner in this filing.
Why were KW shares withheld instead of the insider paying taxes in cash?
The filing explains that shares were held by the company to satisfy applicable tax withholding requirements upon vesting of time-based restricted stock awards, which is a common equity compensation mechanism.