Madoff Paula 4

What Happened
Paula Madoff, a director of KKR Real Estate Finance Trust Inc. (KREF), was granted 16,691 restricted stock units (RSUs) on April 14, 2026. The reported acquisition price is $0.00 because this was an award/grant of RSUs rather than a market purchase or sale. The filing does not state a cash value or disclose Madoff’s total KREF holdings after this award.

Key Details

• Transaction date: 2026-04-14; Form 4 filed 2026-04-16 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 16,691 RSUs. Reported price: $0.00 (award).
• Vesting: RSUs vest on the earlier of (i) April 14, 2027 or (ii) the first regularly scheduled annual meeting of stockholders following the grant (per footnote).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or sale noted in the report.

Context
RSU grants are typically part of compensation and generally vest over time; they do not represent immediately transferable shares until vested. Such awards are common for directors and do not by themselves indicate a buy/sell signal for investors.