Welcome to our dedicated page for Kennedy-Wilson Holdings SEC filings (Ticker: KW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kennedy-Wilson Holdings, Inc. filings document the regulatory record of a real estate investment company with owned real estate assets and an investment management platform. Its 8-K reports furnish operating results and supplemental financial information, including consolidated statements, non-GAAP metrics, capitalization summaries, components of value, stabilized portfolio data, debt schedules and segment investment summaries.
The filing record also covers multifamily, office, industrial, loan investment, lease-up and development project disclosures, same-property metrics, real estate investment transactions and investment management activity. Other material-event filings address material agreements, capital-structure matters, governance and shareholder voting topics, including disclosures tied to completed platform and property-interest acquisitions.
Kennedy-Wilson Holdings, Inc. files a prospectus supplement registering up to 20,278,690 shares of common stock and 4,993,471 warrants for resale by certain selling security holders in connection with an Offering originally covered by an S-1 declared effective on June 11, 2010.
The filing also attaches the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 (see Appendix A) and discloses a Proposed Take-Private merger agreement dated February 16, 2026 with Kona Bidco, LLC under which affiliates of Fairfax and certain rollover stockholders would own 100% of the Company, subject to the Merger Agreement’s terms and closing conditions.
Kennedy-Wilson Holdings reports 2025 results and outlines a proposed take-private merger with Kona Bidco, backed by Fairfax-affiliated and rollover stockholders who would own 100% of the company, ending its public listing. GAAP revenue was $501.0 million, down from $531.4 million in 2024, and the net loss to common shareholders narrowed to $38.8 million from $76.5 million.
Adjusted EBITDA rose to $549.5 million and adjusted net income improved to $119.8 million, while AUM increased 30% to $36.4 billion and fee-bearing capital grew to $11.0 billion. The firm completed $1.9 billion of acquisitions and $3.6 billion of loan investments, expanded rental housing via the Toll apartment platform, and continued to grow its affordable housing and credit platforms. Cash was $184.5 million and total assets were $6.6 billion at year-end, with KWE unsecured bonds fully repaid.
Kennedy-Wilson Holdings, Inc. reported Q4 2025 GAAP net income to common shareholders of $29.6 million, or $0.21 per diluted share, compared with $33.1 million, or $0.24 per share, a year earlier. For full-year 2025, the company recorded a net loss to common shareholders of $38.8 million, narrower than the $76.5 million loss in 2024.
Non-GAAP performance was stronger, with Adjusted EBITDA of $179.0 million in Q4 and $549.5 million for 2025, up slightly from 2024. Adjusted net income was $68.0 million in Q4 and $119.8 million for the year. Assets under management reached $36 billion, while fee-based investment management revenue grew, with investment management fees up 16% to $115.2 million in 2025.
The company executed major strategic moves, including a $334 million, three-phase acquisition of the Toll Brothers Apartment Living platform, adding over $5 billion of AUM, a $10.9 billion debt investment platform, and $1.4 billion of 2025 asset sales and recapitalizations. As of December 31, 2025, Kennedy Wilson reported $6.6 billion in total assets and $7.36 billion of debt on a share basis.
Subsequently, on February 16, 2026, Kennedy Wilson entered into a definitive merger agreement to be acquired by a consortium led by its Chairman and CEO and other senior executives, together with Fairfax. The consortium will purchase all outstanding common shares not already held by them for $10.90 per share in cash, subject to shareholder and regulatory approvals, with closing currently expected in the second quarter of 2026.
Kennedy-Wilson Holdings director Trevor Bowen reported a tax-related share disposition. On this Form 4, 642 shares of common stock were withheld by the company at $10.90 per share to satisfy tax obligations upon vesting of restricted stock. The footnote clarifies that no shares were sold by Bowen, and he continues to hold 108,465 shares directly after the transaction.
Kennedy-Wilson Holdings, Inc. director Burton Wade reported routine equity compensation activity involving the company’s common stock. On February 21, 2026, he acquired 696 shares at a price of $0.00 per share from the vesting of time-based restricted stock units and related distribution equivalent rights under the company’s equity plan.
On the same date, 2,566 shares were disposed of at $10.90 per share to cover tax withholding obligations tied to vesting of restricted stock awards and the 696 related DERs. Footnote disclosure clarifies these were shares withheld by the company and that no shares were sold by Wade on the open market. Following these transactions, he directly owns 48,520 shares of common stock.
Kennedy-Wilson Holdings, Inc. director Sanaz Zaimi reported a tax-related share disposition. On the vesting of time-based restricted stock, 350 shares of common stock at $10.90 per share were withheld by the company to cover tax obligations, leaving 98,095 shares owned directly.
Kennedy-Wilson Holdings, Inc. director Richard Aidan Hugh Boucher reported a Form 4 showing a tax-related share withholding, not an open-market trade. On the reported date, 700 shares of common stock at $10.90 per share were withheld by the company to satisfy tax obligations tied to vesting restricted stock awards. After this withholding, Boucher’s directly held common stock position was 67,787 shares.
Eldridge Industries, Todd Boehly and affiliates updated their ownership disclosure for Kennedy-Wilson Holdings. The group reports beneficial ownership of about 8.1–8.2% of the common stock, largely through 12,161,700 shares issuable upon conversion of 300,000 shares of Series A Preferred Stock.
Security Benefit Life holds 40,000 preferred shares and Dust Bowl Capital holds 260,000, all indirectly controlled by Eldridge. The parties signed a waiver and acknowledgment agreement allowing Kennedy-Wilson to deliver a redemption notice for the preferred stock at any time before a proposed merger closes. Boehly also received additional director equity awards, including restricted stock units for 17,500 shares in 2024 and 19,100 shares in 2025. The filing states no acquisitions or disposals of common shares in the last 60 days.
Kennedy-Wilson Holdings, Inc. executive vice president and general counsel Lee In Ku reported a tax-related share disposition connected to restricted stock vesting. On the vesting date, 10,232 shares of common stock at $9.89 per share were withheld by the company to satisfy tax withholding requirements, and the footnote clarifies that no shares were sold by the reporting person. Following this tax-withholding transaction, Lee In Ku directly owns 288,695 shares of Kennedy-Wilson common stock.
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.