KKR (NYSE: KKR) CFO granted 650,000 restricted holdings units as equity
Rhea-AI Filing Summary
Lewin Robert H reported acquisition or exercise transactions in this Form 4 filing.
KKR & Co. Inc. reported that Chief Financial Officer Robert H. Lewin received a grant of 650,000 restricted holdings units. These awards were granted under the Amended and Restated KKR & Co. Inc. 2019 Equity Incentive Plan as compensation, not through open-market trading.
The units vest only if both market price and service conditions are met, based on average common stock prices ranging from $200 to $250 and Lewin’s continued service through May 1, 2031, with certain exceptions. Upon vesting, and subject to five-year transfer restrictions, each restricted holdings unit may be exchanged for one share of KKR common stock. Any units not vested by May 1, 2033 will be forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewin Robert H
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Holdings Units | 650,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Holdings Units — 650,000 shares (Direct)
Footnotes (1)
- F1. Represents restricted holdings units granted pursuant to the Amended and Restated KKR & Co. Inc. 2019 Equity Incentive Plan that are subject to market price and cliff service vesting conditions based on average prices of common stock ranging from $200 to $250 and the Reporting Person's continued service through May 1, 2031, subject to exceptions (including if the market price conditions are satisfied between May 1, 2031 and May 1, 2033 with continued service through such date). Upon vesting, subject to certain conditions, including five-year transfer restrictions, the Reporting Person may exchange one restricted holdings unit for one share of common stock of KKR & Co. Inc. Restricted holdings units that have not vested by May 1, 2033 will be forfeited.
Key Figures
Restricted holdings units granted: 650,000 units
Grant price per unit: $0.00 per unit
Market price vesting range: $200–$250 per share
+4 more
7 metrics
Restricted holdings units granted
650,000 units
Grant to CFO Robert H. Lewin on April 29, 2026
Grant price per unit
$0.00 per unit
Equity incentive grant, non-cash award
Market price vesting range
$200–$250 per share
Average KKR common stock price required for vesting
Service vesting date
May 1, 2031
Continued service required through this date
Forfeiture deadline
May 1, 2033
Unvested restricted units forfeited after this date
Exchange ratio
1 unit : 1 share
Each vested restricted holdings unit may convert into one KKR common share
Transfer restriction period
Five years
Post-vesting transfer limitations on exchanged shares
Key Terms
restricted holdings units, market price vesting conditions, cliff service vesting conditions, Equity Incentive Plan, +1 more
5 terms
restricted holdings units financial
"Represents restricted holdings units granted pursuant to the Amended and Restated KKR & Co. Inc. 2019 Equity Incentive Plan"
market price vesting conditions financial
"that are subject to market price and cliff service vesting conditions based on average prices of common stock"
cliff service vesting conditions financial
"subject to market price and cliff service vesting conditions based on average prices of common stock"
Equity Incentive Plan financial
"granted pursuant to the Amended and Restated KKR & Co. Inc. 2019 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
transfer restrictions financial
"subject to certain conditions, including five-year transfer restrictions, the Reporting Person may exchange"
Transfer restrictions are legal or contractual limits that prevent or delay selling, gifting, or otherwise moving ownership of a security. Think of them like a temporary lock on a share that can be imposed by law, a contract, or a registrar: they matter to investors because they reduce liquidity, can delay when holders can realize cash, and often affect a security’s market value and attractiveness to buyers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did KKR (KKR) CFO Robert Lewin report in this Form 4 filing?
KKR’s CFO Robert H. Lewin reported receiving a grant of 650,000 restricted holdings units. These are equity-based compensation awards, not open-market share purchases or sales, and are tied to KKR’s long-term stock performance and his continued service with the company.
How many restricted holdings units were granted to the KKR CFO?
Robert H. Lewin was granted 650,000 restricted holdings units. This entire amount is subject to vesting conditions and represents his total reported derivative holdings from this grant following the transaction, according to the Form 4 disclosure for KKR.
What are the vesting conditions for KKR CFO Robert Lewin’s restricted units?
The restricted units vest only if KKR’s average common stock price falls within a $200 to $250 range and Robert Lewin remains in service through May 1, 2031, subject to limited exceptions. Units not meeting these conditions by May 1, 2033 will be forfeited.
How do KKR restricted holdings units convert into common stock?
Upon vesting and subject to certain conditions, each restricted holdings unit may be exchanged for one share of KKR common stock. The awards also carry five-year transfer restrictions after vesting, aligning them with longer-term ownership rather than short-term trading activity.
Are there transfer restrictions on KKR CFO Robert Lewin’s restricted units?
Yes. After the restricted holdings units vest and are eligible for exchange into KKR common stock, they remain subject to five-year transfer restrictions. This means Lewin’s ability to transfer these shares is limited for a substantial period following vesting, supporting long-term alignment.
What happens if KKR’s stock price conditions are not met by 2033?
If the market price and service-based vesting conditions are not satisfied by May 1, 2033, any unvested restricted holdings units will be forfeited. This structure ties the value of the grant directly to KKR’s stock performance and the executive’s long-term tenure.