Form 4: KKR Co-Executive Chairman Henry Kravis Donates 500,000 Shares to Charity

Henry Kravis, Co-Executive Chairman of KKR & Co. Inc., donated 500,000 shares of KKR common stock to a charitable foundation.

Summary

• Henry Kravis, Co-Executive Chairman of KKR & Co. Inc., reported a transaction on March 6, 2024, involving the donation of 500,000 shares of KKR common stock.
• The shares were donated by a limited partnership controlled by Kravis to a charitable foundation in which he has no pecuniary interest.
• Following the transaction, Kravis directly owns 75,028,317 shares of KKR common stock.
• Kravis also indirectly owns 5,810,000 shares held by the Partnership for future donations, 336,850 shares held in a grantor retained annuity trust, 1,549,369 shares held by a limited partnership, 130,925 shares held by a limited liability company, and 15,227 shares held by his spouse.

Sentiment

Score: 7

Explanation: The document reflects a positive philanthropic action, but it's a routine filing. The sentiment is moderately positive.

Positives

• The donation of 500,000 shares to a charitable foundation reflects positively on Kravis's philanthropic activities.

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

Philanthropic activities by high-profile executives are common and can enhance a company's reputation.

Stakeholder Impact

• The donation may have a minor positive impact on KKR's reputation among stakeholders.

Key Dates