Waxenberg Alyssa Sue 4

What Happened
Alyssa S. Waxenberg, a director of KinderCare Learning Companies, Inc. (KLC), received a grant of 37,038 restricted stock units (RSUs) on June 5, 2026. The RSUs were granted at $0.00 per unit (i.e., an award/compensation grant), so no cash was exchanged at grant. Each RSU represents a contingent right to receive one share of the company's common stock upon vesting.

Key Details

• Transaction date: 2026-06-05; Grant/Award (code A) of 37,038 RSUs at $0.00 per unit.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote F1: RSUs vest on the earlier of (i) the day before the issuer’s 2027 Annual Meeting or (ii) the first anniversary of the grant date, subject to Waxenberg’s continued service as a director. Each RSU converts to one share upon vesting.
• Footnote F2: Notes inclusion of 2,199 shares that were inadvertently omitted from the issuer’s proxy statement table for the 2026 annual meeting.
• Filing date: Form 4 filed 2026-06-10 (transaction dated 2026-06-05). Form 4s are generally due within two business days of the transaction, so this filing was submitted later than that typical timeframe.

Context
This was an equity compensation award (RSUs), not an open‑market purchase or sale. RSU grants are a common form of director compensation and become shares only if/when vesting conditions are met (here, continued service through the vesting date). The grant itself does not necessarily signal a buying/selling decision by the director until/if the RSUs convert to shares and are sold.