Watt Nadine I 4

4 · Kennedy-Wilson Holdings, Inc. · Filed Jun 16, 2026

AI-generated summary of this filing

Updated Jun 16, 2026

Kennedy‑Wilson (KW) Director Nadine I. Watt Sells 22,500 Shares

What Happened

Nadine I. Watt, a director of Kennedy‑Wilson Holdings, disposed of 22,500 shares on 2026-06-16. The reported disposition was to the issuer as part of a merger transaction; each share was converted into the right to receive $10.90 in cash, for a total of $245,250 (before any applicable withholding).

Key Details

Transaction date: 2026-06-16.
Price per share: $10.90 (merger consideration); total proceeds ≈ $245,250.
Transaction type: Disposition to the issuer in connection with the merger (code D).
Shares owned after the transaction: not specified in the filing.
Footnotes: (F1) merger closed under the Merger Agreement; (F2) each common share converted into $10.90 cash; (F3) outstanding RSUs vested and were cashed out at the same per‑share consideration plus any dividend equivalents.
Timeliness: filing period and report date are the same (2026-06-16); no late‑filing indication in the provided data.

Context

This was not an open‑market sale but a mandatory cash‑out as part of Kennedy‑Wilson’s merger into a private buyer (Kona Bidco, LLC). Such dispositions reflect the deal’s conversion of shares to cash and do not necessarily indicate a discretionary sale decision by the insider.

Form 4Exit

Period: 2026-06-16

Director

Transactions

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/ Nadine I. Watt|2026-06-16

1 file