secwatch.observer — SEC 8-K summary
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Issuer:     Kennedy-Wilson Holdings, Inc. (KW)
CIK:        0001408100
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001408100-24-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennedy-Wilson grants annual equity awards to NEOs; ~13% of prior max eligible shares vested
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- CEO McMorrow receives 327,246 TSR RSUs, 327,246 ROIA RSUs, and 327,246 time-based RSUs at target.
- EVP Windisch receives 213,887 each of TSR, ROIA, and time-based RSUs; CFO Enbody 106,944 each.
- TSR RSUs vest based on relative TSR vs MSCI World Real Estate Index over 3 years through Feb 2027.
- ROIA RSUs vest based on return on invested assets (4.8% threshold, 5.2% target, 5.6% max) over 2024-2026.
- Time-based RSUs vest ratably over three years; all awards have 3-year post-vest no-sale restriction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408100/000140810024000022/0001408100-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408100/000140810024000022/kw-20240216.htm
  HTML page:      https://secwatch.observer/filing/0001408100-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer