Pegler Michael John 4

What Happened Michael John Pegler, President of Kennedy‑Wilson Europe, had 10,940 shares withheld on January 29, 2026 to satisfy tax withholding obligations related to the vesting of time‑based restricted stock. The withholding was reported at a price of $9.86 per share for a total value of $107,868. This was a tax‑withholding disposition (code F), not an open‑market sale by the reporting person.

Key Details

• Transaction date: 2026-01-29; reported on Form 4 filed 2026-01-30 (timely).
• Reported transaction: 10,940 shares withheld at $9.86/share; total value reported $107,868.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: F1 — Shares were held by the registrant to satisfy applicable tax withholding on vesting of time‑based restricted stock awards; no shares were sold by the reporting person.
• Transaction code: F (tax withholding on vested awards), not a purchase (P) or sale (S) in the open market.

Context Tax‑withholding transactions are common when restricted stock vests; companies often retain a portion of the shares to cover the employee’s tax liability. Because no shares were sold by Pegler in the open market, this transaction does not by itself indicate a change in the insider’s investment conviction.