Pegler Michael John 4

What Happened

• Michael John Pegler, President of Kennedy‑Wilson Europe, had 9,022 shares withheld by the company on Feb 16, 2026 to satisfy tax withholding obligations related to the vesting of time‑based restricted stock awards. The per‑share value reported was $9.89, for a notional value of about $89,228.
• This was a tax‑withholding/share retention transaction (Form 4 code F), not an open‑market sale by the insider.

Key Details

• Transaction date and price: 2026-02-16 at $9.89 per share.
• Shares withheld/disposed: 9,022 shares; total value ≈ $89,228.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: Registrant (the company) held the shares to satisfy tax withholding on vesting of time‑based restricted stock awards; the reporting person did not sell shares.
• Filing timeliness: Reported on 2026-02-18 (timely under Form 4 rules).

Context

• Tax withholding/retention transactions are routine when restricted stock vests; they are administrative and do not indicate a voluntary sale or change in the insider’s investment stance.
• For retail investors, purchase transactions generally signal stronger insider conviction than withholding events like this one, which primarily reflect payroll tax obligations.