Boucher Richard Aidan Hugh 4
Research Summary
AI-generated summary
Kennedy-Wilson (KW) Director Richard Boucher Withholds 700 Shares for Taxes
What Happened
Richard Aidan Hugh Boucher, a director of Kennedy-Wilson Holdings (KW), had 700 shares withheld on 2026-02-21 to satisfy tax withholding related to time‑based restricted stock awards. The withholding was recorded at $10.90 per share, a total value of $7,630. This was a withholding disposition (code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-02-21; Filing date: 2026-02-24.
- Shares withheld/disposed: 700 shares at $10.90 per share (total ~$7,630).
- Disposal code: F — shares retained by the registrant to satisfy tax withholding.
- Footnote: The filing states the shares were held by the company to cover applicable tax withholding on vesting of time‑based restricted stock awards; the reporting person did not sell any shares.
- Shares owned after transaction: not disclosed in the filing.
Context
Withholding shares to cover taxes on vested RSUs is routine and administrative; it does not represent an intentional market sale by the insider and is generally not viewed as a strong signal about the director’s view of the company. This transaction is a standard tax-withholding action following equity vesting.