Stanley R. Zax Disposes of 547,400 Kennedy-Wilson Shares in Merger Transaction
This Form 4 filing reports that Stanley R. Zax, a director of Kennedy-Wilson Holdings, Inc., disposed of 547,400 shares of common stock on June 16, 2026, as a result of the company's merger. The transaction occurred in connection with an Agreement and Plan of Merger dated February 16, 2026, as amended, where Kennedy-Wilson was acquired by Kona Bidco, LLC. At the effective time of the merger, each outstanding share of common stock was automatically converted into the right to receive $10.90 per share in cash. Following this transaction, Zax holds no remaining shares in the company. The filing also notes that outstanding restricted stock units vested and were canceled in connection with the merger, with holders receiving cash payments based on the merger consideration.