KKR Private Equity Conglomerate Director Thomas C. Naratil Receives Award

What Happened

• Thomas C. Naratil, a director of KKR Private Equity Conglomerate LLC, was granted 986.637 shares of Class F Common Stock as compensation for board service. The shares were reported as acquired at $0.00 (compensatory award) and the award fully vested on the grant date.

Key Details

• Transaction date: 2026-07-21; filing date: 2026-07-23 (filed two days after the transaction).
• Shares granted/acquired: 986.637 Class F shares at $0.00 per share (compensation award); reported value $0 on Form 4.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote F1: Award granted as board compensation and fully vested on grant date.
• Footnote F2: Reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Appears timely (filed two days after the transaction, which is within the standard 2-business-day Form 4 window).

Context

• This was a compensatory grant (award), not a market purchase or sale; such awards are routine compensation for board service and do not necessarily signal an immediate trading intent.
• Because the award vested immediately, the director became the owner of the shares on the grant date. The $0.00 acquisition price reflects compensation rather than a cash outlay.