KROPP JAMES H 4

What Happened
James H. Kropp, a director of KKR Asset-Based Finance Fund, reported an open-market purchase of 2,199.74 shares at $22.73 per share on 2026-07-09, for a total reported value of $50,000. This was a direct purchase (transaction code P), which is a straightforward buy rather than a sale or option exercise.

Key Details

• Transaction date: 2026-07-09; reported on Form 4 filed 2026-07-13 (filed on time).
• Price and size: 2,199.74 shares at $22.73 per share = $50,000 total.
• Shares owned after transaction: Not disclosed in the provided filing.
• Notable footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes were reported in the transaction details supplied.

Context
Open-market purchases by insiders are often watched by retail investors as a potentially bullish signal because they show management or directors buying company stock. This trade is relatively small (~$50k), so while it indicates personal purchase interest, its size is modest and should be weighed alongside other disclosure, company fundamentals, and broader insider activity.