ZAX STANLEY R 4

What Happened
Stanley R. Zax, a director of Kennedy‑Wilson Holdings, reported a disposition of 547,400 shares on 2026-06-16. The shares were converted to cash as part of a merger; each share was converted into $10.90 in cash, implying gross consideration of approximately $5,966,660 (before any applicable withholding).

Key Details

• Transaction date: 2026-06-16. Transaction code: D (Disposition to issuer) as part of the merger.
• Per the filing, Merger Consideration = $10.90 per share; total ≈ $5,966,660 (gross).
• Shares owned after transaction: not applicable — outstanding common stock was converted into cash at the Effective Time.
• Related footnotes: (1) Merger Sub merged into the issuer making the issuer a wholly owned subsidiary of the buyer; (2) each share converted into $10.90 cash; (3) outstanding RSUs vested and were canceled for a cash payout based on the same per‑share amount plus dividend equivalents.
• Filing timing: reported on 2026-06-16 (Period of Report = filing date).

Context
This was a corporate merger cash‑out, not an open‑market sale by the director. Dispositions resulting from mergers represent contractually required conversions of outstanding securities into merger consideration and should not be interpreted as an independent signaling trade by the insider.