WINDISCH MATTHEW 4

What Happened
Matthew Windisch, President of Kennedy-Wilson Holdings, reported three award/vesting transactions on 2026-02-25. The Form 4 shows net acquisitions of 28,534; 52,530; and 78,226 shares (each reported at $0.00), for a total of 159,290 net shares acquired upon vesting of performance-based restricted stock. These were not open-market purchases or sales — they represent vested awards, with shares withheld to satisfy tax withholding.

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (filed within the SEC two-business-day window).
• Reported as awards/acquisitions (code A) at $0.00 per share (vested stock, not a cash purchase).
• Net shares acquired: 28,534; 52,530; 78,226 (total 159,290).
• Footnote breakdown (total vested → withheld → net):
  • F1: 58,091 vested → 29,557 withheld → 28,534 net acquired.
  • F2: 106,943 vested → 54,413 withheld → 52,530 net acquired.
  • F3: 159,255 vested → 81,029 withheld → 78,226 net acquired.
• Total vested across the grants: 324,289 shares; total withheld for taxes: 164,999 shares.
• Shares owned after the transactions were not specified in the provided filing.

Context
These were performance-based restricted stock awards that vested because specified performance hurdles were met. Withholding of shares to cover taxes is routine and is shown separately from the net shares delivered to the insider. Vesting of awards is different from an open-market buy (which can be a stronger bullish signal) or a sale (which can be a liquidity event); it simply reflects the payout of previously granted equity tied to company performance.