KROPP JAMES H 4

What Happened

• James H. Kropp, a director of KKR Real Estate Select Trust Inc., had 809.935 shares reported as an award/acquisition and two gift transactions on March 31, 2026. The award/acquisition shows 809.935 shares at $0.00 (no cash paid); the filing also lists a gift disposal of 809.935 shares and a gift acquisition of 809.935 shares on the same date. The acquisition is reported as shares credited through the issuer’s dividend reinvestment plan (see footnote).

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (no late filing flag indicated).
• Reported trades:
  • A (Award/Grant/Acquisition): +809.935 shares @ $0.00
  • G (Gift/Disposition): -809.935 shares @ $0.00
  • G (Gift/Acquisition): +809.935 shares @ $0.00
• Shares owned after the transaction: not specified in the filing.
• Footnote: Includes Class I Common Stock acquired through the issuer’s dividend reinvestment plan.
• No cash value is reported on the Form 4 (transactions shown at $0.00).

Context

• The primary reported acquisition was via the company’s dividend reinvestment plan (DRIP), which simply allocates dividend proceeds to purchase additional shares — not a market purchase. The gift entries reflect transfers and, by themselves, do not indicate the insider’s view of the company’s prospects.