Bermanzohn Fran 4
Research Summary
AI-generated summary
KKR Real Estate Select Trust Director Fran Bermanzohn Receives 809.935 Shares
What Happened
Fran Bermanzohn, a director of KKR Real Estate Select Trust Inc., was awarded/acquired 809.935 shares on 2026-03-31 under transaction code A (grant/award or other acquisition). The reported per-share price is $0.00, giving a reported cash value of $0 — these shares were issued in lieu of cash dividends through the issuer's dividend reinvestment plan (see footnote).
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02 (Form 4 accession 0001140361-26-012977).
- Transaction type: A (grant/award or other acquisition) — 809.935 shares at $0.00 (no cash paid).
- Shares owned after transaction: not specified in the filing.
- Footnote: Includes Class I Common Stock acquired through the issuer’s dividend reinvestment plan.
- Timeliness: Filed 2 days after the transaction date (appears to be timely).
Context
This was a dividend reinvestment — dividends that would have been paid in cash were instead converted into additional shares. Such DRIP acquisitions are routine and reflect enrollment in the company plan rather than an open-market purchase or sale, so they should not be read as a standalone bullish or bearish signal about insider sentiment.