Form 4: KKR Real Estate Finance Trust Inc. Officer Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Patrick Mattson, President and COO of KKR Real Estate Finance Trust Inc., disposed of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On October 1, 2024, Patrick Mattson, the President and COO of KKR Real Estate Finance Trust Inc. (KREF), disposed of 8,159 shares of common stock.
- The shares were disposed of at a price of $12.35 per share.
- This transaction was to cover the reporting person's tax liability in connection with the vesting of restricted stock units.
- Following the transaction, Mattson directly owns 300,287 shares of KREF common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the disposal of shares by a company officer, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the transaction (disposal of shares). |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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