Bowen Trevor 4
4 · Kennedy-Wilson Holdings, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Kennedy-Wilson (KW) Director Trevor Bowen Sells 108,465 Shares
What Happened
Trevor Bowen, a director of Kennedy-Wilson Holdings, disposed of 108,465 shares on June 16, 2026. The shares were converted into cash at $10.90 per share as part of the company’s merger, yielding $1,182,268.50 (approx. $1.18M). This was a corporate merger cash-out (disposition to the issuer), not an open-market sale.
Key Details
- Transaction date: 2026-06-16; Price per share (Merger Consideration): $10.90.
- Shares disposed: 108,465; Gross proceeds: $1,182,268.50 (rounded ~$1.18M).
- Transaction code: D (Disposition to issuer) — result of the merger transaction.
- Shares outstanding after transaction: outstanding common shares were converted at the Effective Time; holders no longer held those common shares post-closing.
- Footnotes: (F1) Merger completed under the Merger Agreement; (F2) each common share converted into $10.90 cash; (F3) outstanding RSUs vested and were canceled for a lump-sum cash payment based on $10.90 per share plus any dividend equivalents.
- Filing: Report filed 2026-06-16 (Period of Report 2026-06-16); no late filing indicated.
Context
This is a routine merger-related cash-out: the company was acquired and outstanding shares (and vested RSUs) were converted to a fixed cash payment per share. Such dispositions reflect the terms of the transaction rather than a director-initiated market sell for liquidity or sentiment.
Insider Transaction Report
Form 4Exit
Bowen Trevor
Director
Transactions
- Disposition to Issuer
Common Stock
[F1][F2][F3]2026-06-16−108,465→ 0 total
Footnotes (3)
- [F1]In connection with the terms of an Agreement and Plan of Merger, dated as of February 16, 2026, as amended on March 15, 2026 (the "Merger Agreement"), by and among the Issuer, Kona Bidco, LLC ("Parent"), and Kona Merger Subsidiary, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer with the Issuer continuing as the surviving company and a wholly owned subsidiary of Parent upon consummation of the merger (the "Effective Time").
- [F2]At the Effective Time, each outstanding share of Common Stock was automatically converted into the right to receive an amount in cash equal to $10.90 per share, without interest and subject to any applicable withholding taxes required by law (the "Merger Consideration").
- [F3]At the Effective Time, each outstanding restricted stock unit ("RSU") vested and was canceled, with the holder entitled to receive a lump-sum cash payment, without interest, equal to (x) the product, rounded down to the nearest cent, obtained by multiplying (1) the total number of shares underlying such RSU, by (2) the Merger Consideration, plus (y) any amounts payable in respect of accrued and unpaid dividend equivalents thereon.
Signature
/s/ Trevor Bowen|2026-06-16