JONES WILLIAM D /CA/ 4

What Happened
William D. Jones, a director of Capital Group KKR Multi‑Sector, received 140.959 notional/phantom shares on 2026-06-30. The reported per‑share value was $10.02, for a total reported value of approximately $1,412. The transaction is coded as an award/grant (A) and is a derivative (not an open‑market purchase of issued shares).

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-02 (appears timely under the 2-business‑day Form 4 rule).
• Amount: 140.959 phantom/notional shares at $10.02 each; total ~$1,412.
• Transaction type/code: Award/Grant/Acquisition (A); reported as a derivative instrument.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The phantom shares were acquired when the reporting person converted deferred compensation into notional shares that track Class F‑2 shares (see footnote F1). These phantom shares will be settled in cash based on the Class F‑2 NAV at payment.

Context
This was a deferred‑compensation conversion into notional (phantom) shares that will be paid in cash at settlement — not the acquisition of issued common stock. Such derivative/compensation transactions reflect pay arrangements rather than direct insider buying or selling of company stock and therefore do not necessarily signal a change in insider sentiment.