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

Co-CEO of KKR & Co. Inc., Scott Nuttall, reports changes in beneficial ownership of KKR common stock due to trust transfers.

Summary

• On August 28, 2024, Scott Nuttall, Co-CEO of KKR & Co. Inc., reported changes in his beneficial ownership of the company's common stock.
• The changes primarily involve transfers of common stock related to grantor retained annuity trusts.
• Specifically, 372,670 shares were transferred from a grantor retained annuity trust established in August 2022 to a trust for the benefit of Nuttall's family.
• Additionally, certain transfers were made between grantor retained annuity trusts and the reporting person.
• Following these transactions, Nuttall directly owns 16,844,348 shares of KKR common stock.
• He also indirectly owns 1,497,723 shares through a limited partnership, 129,301 shares through a trust, and 2,782 shares through a limited liability company.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership due to trust transfers, which is neither inherently positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The reported transactions are unlikely to have a significant impact on stakeholders, as they primarily involve internal transfers related to estate planning.

Key Dates