KKR FS Income Trust Select 8-K

What Happened

• KKR FS Income Trust Select announced it issued 1,004,296.392 Class I shares on February 2, 2026 (final amount determined February 23, 2026) for aggregate consideration of approximately $25.619 million. The shares were sold under the Company’s ongoing continuous private offering in reliance on Section 4(a)(2) of the Securities Act and/or Regulation D, with purchasers representing they are accredited investors.
• The Company reported a net asset value (NAV) per Class I share of $25.51 as of January 31, 2026, and an aggregate NAV of approximately $983.2 million on that date.

Key Details

• Issued shares: 1,004,296.392 Class I Shares (sale date Feb 2, 2026; final count Feb 23, 2026) for ~ $25.619 million.
• NAV: $25.51 per Class I share and aggregate NAV ~$983.2 million as of Jan 31, 2026.
• Private offering status: Continuous offering up to $5.0 billion; to date the Company has issued 38,435,589.122 Class I Shares for total consideration of approx $978.266 million (excludes any DRIP sales).
• Sales will continue on a monthly basis under the Private Offering.

Why it matters

• These disclosures show ongoing fundraising activity that increases the Company’s share count and cash on hand; investors should note issuances are private and limited to accredited investors, not a public secondary offering.
• NAV reporting gives a recent valuation snapshot: the reported NAV ($25.51) and aggregate NAV (~$983.2M) help investors assess per-share value and the scale of the trust’s assets.
• Continued monthly sales under the $5.0B program may affect future supply of shares and should be monitored by existing and prospective investors for potential dilution and impact on NAV per share.