Kennedy-Wilson (KW) CEO uses 14,796 shares to cover tax on vesting
Rhea-AI Filing Summary
Kennedy-Wilson Holdings, Inc. insider activity centers on tax withholding rather than an open-market sale. Chairman and CEO William J. McMorrow had 14,796 shares of common stock withheld by the company on 01/19/2026 at $10 per share, labeled as a code “F” transaction. According to the footnote, these shares were retained by the issuer to satisfy tax withholding obligations upon vesting of time-based restricted stock awards, and no shares were sold by McMorrow.
After this withholding, McMorrow directly beneficially owns 3,808,766 common shares. He also reports indirect beneficial ownership of 8,074,517 shares through the William J. McMorrow Revocable Trust, 8,443 shares through the John & Sons Retirement Trust, and 90,851 shares held by his wife.
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FAQ
What insider transaction did KW CEO William J. McMorrow report?
William J. McMorrow, Chairman and CEO of Kennedy-Wilson Holdings, Inc. (KW), reported a code “F” transaction on 01/19/2026 involving 14,796 shares of common stock at $10 per share, used to cover tax withholding on vested restricted stock.
Was the KW Form 4 transaction an open-market sale by the CEO?
No. The footnote states that the 14,796 shares were held by the company to satisfy tax withholding requirements on vesting of time-based restricted stock awards, and that no shares were sold by the reporting person.
How many KW shares does William J. McMorrow own directly after this transaction?
Following the tax-withholding transaction, William J. McMorrow directly beneficially owns 3,808,766 shares of Kennedy-Wilson common stock.
What indirect KW shareholdings are reported for William J. McMorrow?
Indirectly, McMorrow reports 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.
What does transaction code “F” mean in the KW Form 4?
Transaction code “F” on the Form 4 indicates a payment of tax liability by delivering or withholding securities, here applied to vested time-based restricted stock awards of Kennedy-Wilson.
What role does William J. McMorrow hold at Kennedy-Wilson Holdings, Inc.?
William J. McMorrow is reported as both a Director and an Officer, serving as Chairman and CEO of Kennedy-Wilson Holdings, Inc.