Kennedy-Wilson Holdings, Inc. Files Amendment No. 1 to Form 10-K for FY 2023

TL;DR

<b>Kennedy-Wilson Holdings, Inc. has filed an amendment to its 2023 10-K, confirming compliance with SEC filing requirements.</b>

AI Summary

Kennedy-Wilson Holdings, Inc. (KW) filed a Amended Annual Report (10-K/A) with the SEC on March 29, 2024. Kennedy-Wilson Holdings, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is incorporated in Delaware and its principal executive offices are located at 151 S El Camino Drive, Beverly Hills, CA. Common stock of Kennedy-Wilson Holdings, Inc. trades on the NYSE under the symbol KW. The filing indicates the company has submitted all required reports for the preceding 12 months and has been subject to filing requirements for the past 90 days. Kennedy-Wilson Holdings, Inc. has electronically submitted all Interactive Data Files required by Rule 405 of Regulation S-T during the preceding 12 months.

Why It Matters

For investors and stakeholders tracking Kennedy-Wilson Holdings, Inc., this filing contains several important signals. This amendment provides updated or corrected information for the fiscal year 2023, which is crucial for investors to have the most accurate financial and operational data. The confirmation of meeting filing requirements and electronic submission of data assures regulatory compliance and transparency for stakeholders.

Risk Assessment

Risk Level: low — Kennedy-Wilson Holdings, Inc. shows low risk based on this filing. The filing is an amendment to a 10-K, indicating a correction or update to previously filed information, but it confirms the company is in good standing with its filing obligations.

Analyst Insight

Review the specific amendments made in this 10-K/A filing to understand any changes in financial reporting or disclosures for the fiscal year 2023.

Key Numbers

• 2023 — Fiscal Year End (Fiscal year ended December 31, 2023)
• 001-33824 — Commission File Number (SEC file number)
• 26-0508760 — IRS Employer Identification No. (IRS number)

Key Players & Entities

• Kennedy-Wilson Holdings, Inc. (company) — Registrant name
• 10-K/A (filing) — Form type
• December 31, 2023 (date) — Fiscal year end
• Delaware (jurisdiction) — State of incorporation
• 151 S El Camino Drive Beverly Hills, CA 90212 (address) — Principal executive offices
• KW (ticker) — Trading symbol
• NYSE (exchange) — Exchange where common stock is registered
• Rule 405 of Regulation S-T (regulation) — Rule related to electronic data submission

FAQ

Industry Context

Kennedy-Wilson Holdings, Inc. operates in the real estate sector, focusing on investment and asset management.

Regulatory Implications

The company is subject to the reporting requirements of the Securities Exchange Act of 1934, including filing annual reports (10-K) and amendments.

What Investors Should Do

1. Analyze the specific changes and additions in Amendment No. 1 to the 2023 10-K.
2. Verify the company's compliance status with SEC filing deadlines and requirements.
3. Assess the impact of any disclosed information on the company's financial health and operational strategy.

Year-Over-Year Comparison

This filing is an amendment (10-K/A) to the original 10-K for the fiscal year ended December 31, 2023, indicating updates or corrections to previously submitted information.

Key Financial Figures

• $831,578,163 — nd improvements, at fair value (cost of $831,578,163 and $816,534,912 as of December 31, 202
• $816,534,912 — at fair value (cost of $831,578,163 and $816,534,912 as of December 31, 2023 and 2022) $ 898

Filing Documents

• kw-20231231.htm (10-K/A) — 939KB
• a202310k-aexhibit232.htm (EX-23.2) — 2KB
• a202310k-aexhibit233.htm (EX-23.3) — 3KB
• kw2023123110kaexhibit311.htm (EX-31.1) — 10KB
• kw2023123110kaexhibit312.htm (EX-31.2) — 10KB
• kw2023123110kaexhibit321.htm (EX-32.1) — 7KB
• kw2023123110kaexhibit322.htm (EX-32.2) — 7KB
• 0001408100-24-000071.txt (&nbsp;) — 1256KB
• kw-20231231.xsd (EX-101.SCH) — 2KB
• kw-20231231_lab.xml (EX-101.LAB) — 35KB
• kw-20231231_pre.xml (EX-101.PRE) — 20KB
• kw-20231231_htm.xml (XML) — 5KB

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules (a) The following documents are filed as part of this annual report: (1) Financial Statements. The consolidated financial statements of the Company, as listed in Item 8 of the Original Report, are included in Item 8 of the Original Report (2) Financial Statement Schedules. The financial statement schedules of the Company, as listed in Item 8 of the Original Report, are included in Item 8 of the Original Report. (3) Exhibits. See the Exhibit List beginning of page 5 of this Amendment. (b) Exhibits. The exhibits listed on the Exhibit Index set forth below on page 6 are filed as part of, or are incorporated by reference into, this annual report on Form 10-K. (c) Financial Statements Required by Rule 3-09 of Regulation S-X. The financial statements required by Rule 3-09 of Regulation S-X under the Securities Exchange Act of 1934, as amended, are filed as schedules to this report and are incorporated by reference into this Item 15. 2 Table of Contents

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 29 th day of March 2024. KENNEDY -WILSON HOLDINGS, INC., a Delaware corporation By: /s/ WILLIAM J. MCMORROW William J. McMorrow Chief Executive Officer 3 Table of Contents EXHIBIT INDEX Exhibit No. Description Location 3.1 Amended and Restated Certificate of Incorporation. Filed as Exhibit 3.1 to Registrant's Current Report on Form 8-K (File No.: 001-33824) filed June 19, 2014. 3.2 Third Amended and Restated Bylaws. Filed as Exhibit 3.1 to Registrant's Current Report on Form 8-K (001-33824) filed February 21, 2023. 3.3 Certificate of Designations Establishing the 5.75% Series A Cumulative Perpetual Convertible Preferred Stock. Filed as Exhibit 3.3 to Registrant's Registration Statement on Form S-3 (File No. 333-235472) filed December 12, 2019 3.4 Certificate of Designations Establishing the 4.75% Series B Cumulative Perpetual Preferred Stock. Filed as Exhibit 4.1 of Registrant's Current Report on Form 8-K (File No. 001-33824) filed February 23, 2022 3.5 Certificate of Designations Establishing the 6.00% Series C Cumulative Perpetual Preferred Stock. Filed as Exhibit 3.1 of Registrant's Current Report on Form 8-K (File No. 001-33824) filed June 16, 2023 4.1 Specimen Common Stock Certificate. Filed as an Exhibit to the Registrant's Registration Statement on Amendment no. 1 to Form 8-A (File No.: 333-145110) filed on November 16, 2009 and incorporated by reference herein. 4.2 Base Indenture, dated as of March 25, 2014, between Kennedy-Wilson, Inc. and Wilmington Trust, National Association, as trustee. Filed as Exhibit 4.1 to Registrant's Quarterly Report on Form 10-Q (001-33824) filed May 12, 2014 4.3 Supplemental Indenture No. 1, dated as of March 25, 2014, among Kennedy-Wilson Holdings, Inc., the

Notes to Consolidated Financial Statements 8

Notes to Consolidated Financial Statements 8 8 Table of Contents Independent Auditors' Report To the Members KW-G Multifamily Venture I, LLC: Report on the Audit of the Consolidated Financial Statements Opinion We have audited the consolidated financial statements of KW-G Multifamily Venture I, LLC and its subsidiaries (the Company), which comprise the consolidated statements of assets, liabilities, and net assets, including the consolidated schedules of investments, as of December 31, 2023 and 2022, and the related consolidated statements of operations, changes in net assets, and cash flows for the years ended December 31, 2023 and 2022, and the period from June 25, 2021 (inception) through December 31, 2021 and the related notes to the consolidated financial statements. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flows for the years ended December 31, 2023 and 2022 and the period from June 25, 2021 (inception) through December 31, 2021 in accordance with U.S. generally accepted accounting principles. Basis for Opinion We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Responsibilities of Management for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of the consolidated f