Burton Wade 4

What Happened

• Burton Wade, a director of Kennedy-Wilson Holdings (KW), had time-based restricted stock units (RSUs) vest on Jan 29, 2026. Of the 6,366 RSUs that vested, 382 distribution-equivalent rights (DERs) were settled in shares (acquired at $0.00). To satisfy tax withholding on the vesting, 2,652 shares were withheld by the company at $9.86 per share, totaling $26,149. The filing states no shares were sold by the reporting person.

Key Details

• Transaction date: 2026-01-29; Form 4 filed 2026-01-30 (timely).
• Award/acquisition: 382 shares @ $0.00 (code A).
• Tax withholding: 2,652 shares withheld @ $9.86 = $26,149 (code F); shares were withheld by the registrant, not sold on the open market.
• Vesting context: 6,366 time‑based RSUs vested in total; 382 DERs relate to those RSUs.
• Shares owned after transaction: not specified in the Form 4.
• No indication of a 10b5-1 plan or late filing in this report.

Context

• DERs are rights tied to RSUs that are settled in shares upon vesting; this was a vesting/settlement event, not an open‑market purchase or discretionary sale by the insider. The withholding is a routine administrative action to cover tax obligations and does not necessarily signal buying or selling intent.