Desravines Jean S. 4

What Happened Jean S. Desravines, a director of KinderCare Learning Companies, Inc. (KLC), received a grant of 43,210 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports the acquisition price as $0.00 (total reported value $0), reflecting an award of contingent rights to common stock rather than a cash purchase. The RSUs convert to one share of common stock each upon vesting, subject to the vesting conditions below.

Key Details

• Transaction date and price: 2026-06-05; Grant (A) of 43,210 RSUs at $0.00.
• Vesting: RSUs vest on the earlier of (i) the day immediately before the Issuer's 2027 Annual Meeting of Stockholders or (ii) the first anniversary of the grant date, contingent on the reporting person’s continued service as a director (Footnote F1).
• Shares owned after transaction: The Form 4 excerpt does not state a total post-grant beneficial ownership number. Footnote F2 notes that 8,795 shares were inadvertently omitted from the Issuer’s 2026 proxy ownership table and are included in related ownership disclosures.
• Filing timeliness: Form 4 was filed on 2026-06-24 for a 2026-06-05 grant (filed 19 days after the transaction). Form 4s are generally required within two business days of the transaction, so this filing appears late.

Context RSU grants are common compensation for directors and represent a contingent right to receive shares if vesting conditions are met; they are not an open-market purchase or sale and therefore do not directly signal immediate buying or selling. Footnote F2 addresses a prior disclosure omission in the company’s proxy statement and affects reported ownership disclosures but does not change the nature of this RSU grant.