BAE JOSEPH Y 4
Research Summary
AI-generated summary
KKR CEO Joseph Y. Bae Buys 125,000 Shares
What Happened
Joseph Y. Bae, CEO of KKR & Co. Inc. (KKR), made open-market purchases on 2026-02-17 totaling 125,000 shares for approximately $12,773,530. Transactions reported: 22,801 shares at $100.39 ($2,288,992); 8,650 shares at $101.30 ($876,245); 63,467 shares at $102.49 ($6,504,733); and 30,082 shares at $103.17 ($3,103,560). All transactions are reported as purchases (Form 4 code P).
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-18 (filed the next day).
- Prices and note on ranges:
- 22,801 shares — weighted avg ~$100.39 (purchases ranged $99.81–$100.78) [F1].
- 8,650 shares — weighted avg ~$101.30 (purchases ranged $100.84–$101.79) [F2].
- 63,467 shares — weighted avg ~$102.49 (purchases ranged $101.84–$102.83) [F3].
- 30,082 shares — weighted avg ~$103.17 (purchases ranged $102.84–$103.41) [F4].
- The filing also references prior transfers of 202,300 shares from grantor retained annuity trusts (GRATs) that were exempt under Rule 16a-13 [F5].
- Some securities are held by a limited partnership where the reporting person has investment discretion [F6].
- The filing includes the standard Rule 16a-1(a)(4) disclaimer denying indirect beneficial ownership except for pecuniary interest.
- The Form shows acquisitions (buying), which market observers often view as more informative than routine sales; no late filing indication is shown.
Context
These were open-market purchases (P = purchase) reported on a Form 4. Footnotes indicate the reported per-line prices are weighted averages covering multiple trades at specified ranges; full breakdowns are available from the filer upon request. The GRAT transfers mentioned are exempt transfers and do not necessarily reflect open-market activity.