Form 4: KKR Real Estate Finance Trust Inc. Director Reports Changes in Beneficial Ownership
SEC Form 4
Director Christen E.J. Lee reports changes in beneficial ownership of KKR Real Estate Finance Trust Inc. stock due to tax liability satisfaction and indirect holdings.
Summary
- On October 1, 2024, Christen E.J. Lee, a director of KKR Real Estate Finance Trust Inc., reported changes in their beneficial ownership of the company's common stock.
- The changes include the withholding of 22,110 shares to cover tax liabilities related to the vesting of restricted stock units at a price of $12.35 per share.
- Following the transaction, Lee directly owns 229,207.07 shares of common stock.
- Lee also indirectly owns 17,646 shares held by their children or trusts for their children, 3,664 shares held by a trust for which Lee is the trustee, and 3,730 shares held by Lee's spouse.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a director of a real estate finance trust.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction (stock withholding for tax liability) |
| 10/03/2024 | Date of signature on the Form 4 filing |
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