Baker James C 4

What Happened
James C. Baker, President and Director of Kayne Anderson Energy Infrastructure Fund, Inc. (KYN), acquired a total of 41,979 KYN shares across two transactions. On 2026-04-07 he received 16,979 shares via an in‑kind distribution (reported as code J) valued at about $241,338 (~$14.21/share). On 2026-04-08 he purchased 25,000 shares in the open market (code P) for about $341,750 ($13.67/share). These were purchases (acquisitions), which are generally treated as more informative than sales.

Key Details

• Transaction dates and prices:
  • 2026-04-07 — 16,979 shares acquired via in‑kind distribution at $14.2139 (VWAP), reported as $14.21; total ~$241,338. (Code J)
  • 2026-04-08 — 25,000 shares purchased open market at $13.67; total $341,750. (Code P)
• Combined acquisition: 41,979 shares for approximately $583,088.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The April 7 in‑kind distribution was made by Kayne Anderson Capital Advisors, L.P. (KACALP); the $14.2139 price was a 10‑day VWAP for March and reflects the distribution valuation.
• Timeliness: Form 4 filed on 2026-04-08 for transactions through 2026-04-07 — appears timely.

Context

• Code J (other acquisition) here reflects an in‑kind distribution from the advisor to its limited partners that resulted in the reporting person receiving shares; such distributions are administrative and not direct market buys. Code P denotes a straightforward open‑market purchase.
• Purchases by executives can be viewed as a positive signal but do not on their own prove future performance; this summary is factual and does not speculate on motivations.