Form 4: KKR Co-CEO Nuttall Plans $12.8M Stock Purchase

KKR & Co. Inc. Co-Chief Executive Officer Scott C. Nuttall filed a Form 4 indicating planned purchases of 125,000 shares of common stock totaling approximately $12.8 million under a Rule 10b5-1 plan.

Summary

• Scott C. Nuttall, Co-Chief Executive Officer and Director of KKR & Co. Inc., reported planned transactions under a Rule 10b5-1 plan.
• The plan involves the direct acquisition of 125,000 shares of KKR common stock on February 17, 2026.
• The shares are to be purchased at weighted average prices ranging from $101.41 to $103.41 per share.
• The total estimated value of the planned direct purchases is approximately $12,833,782.
• Following these transactions, Mr. Nuttall's direct beneficial ownership will be 15,503,748 shares.
• Indirect beneficial ownership totals 4,765,676 shares, held through various trusts and a limited liability company.
• The filing also notes previous exempt transfers of 297,600 shares between grantor retained annuity trusts (GRATs) and the reporting person.
• An additional 920,000 shares held by a charitable foundation, over which Mr. Nuttall has shared voting power, are not included in the reported beneficial ownership.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive signal, as a Co-CEO's substantial planned stock purchase under a 10b5-1 plan indicates high confidence in KKR's future performance and value.

Positives

• A significant planned insider purchase of 125,000 shares by a Co-CEO signals strong confidence in the company's future prospects.
• The total value of the planned purchases, approximately $12.8 million, represents a substantial personal investment.
• The transactions are structured under a Rule 10b5-1 plan, indicating a pre-planned, long-term investment strategy rather than opportunistic timing.

Future Outlook

The filing indicates a pre-planned acquisition of KKR common stock by Co-CEO Scott C. Nuttall on February 17, 2026, under a Rule 10b5-1 plan, suggesting a long-term positive outlook on the company's performance by a key insider.

Management Comments

• The Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly owned, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.

Industry Context

StockSavvy.ai notes that significant insider buying, especially by top executives like a Co-CEO, often signals strong internal confidence in a company's future prospects, particularly in the asset management and private equity sector where KKR operates. Such moves can be interpreted by the market as a positive indicator, potentially influencing investor sentiment.

Comparison to Industry Standards

• StockSavvy.ai observes that insider purchases of this magnitude (over $12 million) by a Co-CEO are substantial and typically viewed more favorably than smaller, routine transactions.
• While direct comparisons to specific competitor insider trades are not provided in the filing, large insider buys in the financial services sector, such as those seen at Blackstone or Carlyle Group, are often interpreted as a bullish signal, reflecting management's belief in the company's undervalued stock or strong growth trajectory.

Stakeholder Impact

• Shareholders: May view the Co-CEO's planned purchase as a strong vote of confidence, potentially leading to increased investor interest and positive sentiment.

Next Steps

• Execution of planned stock purchases on February 17, 2026.

Key Dates

Recommendation

The planned acquisition of 125,000 shares by KKR's Co-CEO, Scott C. Nuttall, totaling approximately $12.8 million, represents a significant vote of confidence in the company's future. Such substantial insider buying, especially under a Rule 10b5-1 plan, suggests a belief in long-term value and positive prospects, making KKR a compelling 'buy' for seasoned investors.

Keywords

KKR & Co. Inc., KKR, Scott C. Nuttall, Insider Buying, Form 4, Beneficial Ownership, 10b5-1 Plan, Private Equity, Asset Management