Nuzzo Michael 4

What Happened
Michael Nuzzo, a director of KinderCare Learning Companies, Inc. (KLC), was granted 37,038 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports the acquisition at $0.00 (award/grant). Each RSU is a contingent right to receive one share of common stock upon vesting per the grant terms.

Key Details

• Transaction date: 2026-06-05; transaction type: Award/Grant (code A). Reported price: $0.00.
• Grant size: 37,038 RSUs. Each RSU equals a contingent right to one common share (see footnote F1).
• Vesting: RSUs vest on the earlier of (i) the day immediately preceding the Issuer’s 2027 Annual Meeting or (ii) the first anniversary of the grant date, subject to the reporting person’s continued service as a director through the vesting date (footnote F1).
• Ownership correction: Footnote F2 notes inclusion of 4,397 shares that had been inadvertently omitted from the issuer’s 2026 proxy statement ownership table.
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
• Filing date: Form 4 filed 2026-06-10 for a 2026-06-05 transaction — later than the typical 2-business-day filing window, so the filing appears delayed.

Context
RSU grants are compensation rather than open-market purchases or sales. They represent a promise to deliver shares if and when vesting conditions are met; they do not by themselves represent an immediate purchase or sale. Because this is a grant, it should be viewed as a compensation event rather than a direct market signal.