KKR Real Estate Select Trust Inc.: 10% owner KKR Alt Assets LLC bought 63,654 shares

What happened

• KKR Alternative Assets LLC, identified as a 10% owner, acquired 63,653.532 shares of KKR Real Estate Select Trust Inc. common stock at $22.86 per share on Sep 30, 2026, for $1,455,120. The filing reports this was an issuance of shares as payment for management and/or incentive fees directed to KKR Alternative Assets LLC by KKR Registered Advisor LLC under the investment advisory agreement (see footnote F1).

Key details

• Transaction date and price: Sep 30, 2026 at $22.86 per share; transaction code J (other acquisition or disposition).
• Shares acquired and value: 63,653.532 shares for $1,455,120.
• Shares owned after the transaction: not reported in this Form 4.
• Relevant footnotes:
  • F1: Shares were issued as payment for management and/or incentive fees and were directed to KKR Alternative Assets LLC by KKR Registered Advisor LLC.
  • F2: The Common Stock is held by KKR Alternative Assets LLC; filing lists the ownership chain up to KKR & Co. Inc. and names Henry R. Kravis and George R. Roberts as founding partners of KKR Management LLP.
  • F3: The reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
• Filing date: Oct 2, 2026 (accession 0001140361-26-038407).

Why it may matter

• The filing indicates an issuance of shares as fee payment, not an open-market purchase or sale.
• The filer is a 10% owner (a large holder), not described as an executive in the Form 4.
• This filing does not show why the insider traded or why the company acted.