KRAVIS HENRY R 4
4 · KKR Real Estate Select Trust Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
KKR Real Estate Select Trust: KKR Alternative Assets LLC Receives 64,476 Shares
What Happened
- KKR Alternative Assets LLC (a reported 10% owner in the filing) acquired 64,476.278 shares of KKR Real Estate Select Trust Inc. common stock on 2026-01-30. The per-share amount reported is $23.46, for a total value of $1,512,613. Transaction code J indicates an "other acquisition or disposition."
Key Details
- Transaction date and price: 2026-01-30 at $23.46 per share (total $1,512,613).
- Shares acquired: 64,476.278 common shares.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: The shares were issued as payment for management and/or incentive fees under the investment advisory agreement; KKR Registered Advisor LLC directed that KKR Alternative Assets LLC receive the shares on its behalf.
- F2: The filing shows the shares are held by KKR Alternative Assets LLC and discloses the KKR corporate ownership chain (KKR Group entities and founding partners Henry R. Kravis and George R. Roberts).
- F3: The reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
- Filing date: Form 4 filed 2026-02-03 (transaction reported occurred 2026-01-30).
Context
- This was not an open-market purchase by an individual executive but an institutional receipt of shares as fee compensation. Such issuances are routine corporate/accounting events and reflect fee payment rather than a personal investment decision by an individual insider.
Insider Transaction Report
Form 4
KKR Alternative Assets LLC
10% Owner
Transactions
- Other
Class I Common Stock, par value $0.001 per share
[F1][F2][F3]2026-01-30$23.46/sh+64,476.278$1,512,613→ 11,222,462.107 total(indirect: See footnotes)
Footnotes (3)
- [F1]These shares of common stock of KKR Real Estate Select Trust Inc. ("Common Stock") were issued as payment for management and/or incentive fees pursuant to the investment advisory agreement between KKR Real Estate Select Trust Inc. and KKR Registered Advisor LLC. Pursuant to such investment advisory agreement, KKR Registered Advisor LLC directed that KKR Alternative Assets LLC, its affiliate, receive these shares on its behalf.
- [F2]The Common Stock is held by KKR Alternative Assets LLC. KKR Group Assets Holdings II L.P. is the sole member of KKR Alternative Assets LLC. KKR Group Assets II GP LLC is the general partner of KKR Group Assets Holdings II L.P. KKR Group Partnership L.P. is the sole member of KKR Group Assets II GP LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Messrs. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.
- [F3]Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
Signature
See Exhibit 99.1|2026-02-03