Watt Nadine I 4

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.