Form 4: KKR Co-CEO Scott Nuttall Reports Changes in Beneficial Ownership

Scott Nuttall, Co-CEO of KKR & Co. Inc., filed a Form 4 detailing changes in his beneficial ownership of KKR common stock due to transfers and trust activities.

Summary

• On May 15, 2025, Scott Nuttall, Co-CEO of KKR & Co. Inc., reported changes in his beneficial ownership of the company's common stock.
• The reported transactions involve transfers of interests in a limited partnership to a trust by a family member, as well as transfers between grantor retained annuity trusts and the reporting person.
• Nuttall directly owns 1,497,723 shares of common stock following the reported transactions.
• He also indirectly owns 15,572,748 shares through a limited partnership, 2,000,000 shares by trusts, 941,870 shares by trusts, 129,301 shares by trusts and 2,782 shares by a limited liability company.
• Nuttall disclaims beneficial ownership of the indirectly owned securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Management Comments

• Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, 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

Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, providing transparency to investors.

Comparison to Industry Standards

• Form 4 filings are a regulatory requirement for insiders of publicly traded companies in the United States, ensuring compliance with SEC regulations.
• Similar filings are required of insiders at companies like Blackstone (BX), Apollo Global Management (APO), and The Carlyle Group (CG) when they have transactions involving their company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of KKR & Co. Inc.

Key Dates

Keywords

beneficial ownership, Form 4, KKR, Scott Nuttall, securities, transactions, trusts, limited partnership