Pegler Michael John 4

What Happened Michael John Pegler, President of Kennedy‑Wilson Europe, received two awards of vested performance-based restricted shares on February 25, 2026. The Form 4 reports acquisitions of 15,261 shares and 24,673 shares (price $0.00), for a total of 39,934 net shares received. These were not purchases; they reflect vesting of previously granted performance awards and are reported with a $0 acquisition price.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
• Reported acquisitions: 15,261 shares (line 1) and 24,673 shares (line 2); acquisition price reported as $0.00.
• Footnote F1: 28,793 shares vested under one award; 13,532 shares were withheld to satisfy tax withholding, leaving 15,261 delivered to Pegler.
• Footnote F2: 46,552 shares vested under the other award; 21,879 shares were withheld for taxes, leaving 24,673 delivered to Pegler.
• Shares owned after the transaction: not provided in the details supplied here.
• Transaction code: A = Award/Grant; tax withholding indicated by shares withheld (code F).

Context These transactions reflect performance-based restricted share vesting after the company satisfied specified performance hurdles. The withholding of a portion of the vested shares to cover taxes is routine and reduces the net shares issued to the insider. Awards reported at $0.00 are not market purchases or sales and should be interpreted as compensation vesting rather than insider buying or selling.