Salem Matthew A 4
Research Summary
AI-generated summary
KKR Real Estate Finance Trust (KREF) CEO Matthew Salem Buys Stock
What Happened
CEO Matthew A. Salem reported an open-market purchase of 60,000 shares of KKR Real Estate Finance Trust (KREF) on 2026-04-24. The filing shows a weighted-average price of $6.04 per share, for an aggregate purchase value of approximately $362,472. This was a purchase (insider buying), which investors often view as more informative than routine sales.
Key Details
- Transaction date: 2026-04-24. Form filed with the SEC on 2026-04-27.
- Reported transaction type: P = Purchase (open-market/private purchase).
- Shares purchased: 60,000; weighted-average price reported: $6.04; total ≈ $362,472.
- Price range: purchases occurred at prices between $5.990 and $6.085 per share (per footnote). The reporting person can provide a breakdown of the number of shares bought at each price on request.
- Shares owned after the transaction: not disclosed in the provided filing.
- Timeliness: filing date (4/27) covers the 4/24 trade; no late-filing flag was reported in the provided data.
- No 10b5-1 plan, tax-withholding, option exercise, or gift notation appears in the provided details.
Context
This was an aggregated open-market buy reported on a Form 4. The footnote clarifies the reported $6.04 is a weighted average across multiple trades executed within the $5.99–$6.085 range; the filer offers to provide the per-trade breakdown to the company, shareholders, or SEC staff upon request. As always, insider purchases are factual data points about insider activity and do not by themselves prove future company performance.