Nolan Philip Michael Gerard 4

What Happened
Nolan Philip Michael Gerard, a member of the Board of Directors of KKR Infrastructure Conglomerate LLC, was granted 396.877 shares of Class F common stock on 2026-01-21 as board compensation. The award was recorded at $0.00 per share (total $0) and fully vested on the grant date, meaning Gerard received the shares outright rather than purchasing them.

Key Details

• Transaction date: 2026-01-21; Form filed: 2026-01-23 (appears timely — within the SEC’s 2-business-day Form 4 window).
• Transaction type/code: A (Award/Grant).
• Shares acquired: 396.877 Class F Common Stock at $0.00 per share (total reported $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Award granted as compensation for board service; fully vests on grant date.
  • F2: Beneficial ownership counts may include Class F shares acquired through the company’s dividend reinvestment plan.

Context
This was a compensation grant to a director (routine for board service) rather than an open-market purchase or sale. The filing reports the award value as $0.00 (company-recorded grant), but any market value would depend on the trading price of the Class F shares. Such awards typically reflect compensation practices, not a direct bullish or bearish trading signal by the insider.