[Form 3] KinderCare Learning Companies, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

KinderCare Learning Companies, Inc. (KLC) filed a Section 16 ownership report for its Chief Operating Officer. The executive beneficially owns 139,916 shares of common stock, which include restricted stock units that vest over time through March 14, 2029, subject to continued employment. Each RSU represents a right to receive one share of common stock when it vests.

The filing also reports several non-qualified stock options to buy KinderCare common stock. These include options for 19,281 shares at $20.70 expiring on May 17, 2032, 20,353 shares at $20.61 expiring on February 23, 2032, and 27,075 shares at $16.37 expiring on March 14, 2035. Some options are already exercisable, while others vest in tranches through the fourth anniversary of their grant dates.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Sorhondo Lindsay Curley

(Last) (First) (Middle)

38 SAN PABLO AVE

(Street)

SAN FRANCISCO CA 97214

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/11/2025

3. Issuer Name and Ticker or Trading Symbol
KinderCare Learning Companies, Inc. [ KLC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	139,916(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)	(2)	05/17/2032	Common Stock	19,281	$20.7	D
Non-Qualified Stock Option (Right to Buy)	(3)	02/23/2032	Common stock	20,353	$20.61	D
Non-Qualified Stock Option (Right to Buy)	(4)	03/14/2035	Common Stock	27,075	$16.37	D

Explanation of Responses:

1. Includes (i) 1,137 restricted stock units ("RSUs") vesting as to 569 units on November 23, 2025 and 568 units on February 23, 2026; and (ii) 13,537 RSUs, vesting as to twenty-five percent (25%) of the award on the first anniversary of the grant date (March 14, 2026), and as to the remainder vesting ratably on each quarterly anniversary thereafter, such that a hundred percent (100%) of the award will be fully vested on the fourth anniversary of the grant date (March 14, 2029), subject to the Reporting Person's continued employment through the applicable vesting dates. Each RSU represents a contingent right to recieve one unit of the Issuer's common stock.

2. The options are exercisable immediately.

3. Includes (i) 17,808 options already vested and exercisable immediately and (ii) 2,545 options which will vest on February 23, 2026, subject to the Reporting Person's continued employment through the vesting date.

4. The options vests as to twenty-five percent (25%) of the award on the first anniversary of the grant date (March 14, 2025 and as to the remainder vests ratably on each quarterly anniversary thereafter, such that one hundred percent (100%) of the award will be fully vested on the fourth anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting dates.

	/s/ Ferdinand Ruplin, Attorney-in-Fact for Lindsay Sorhondo	11/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the KLC insider ownership filing disclose for the COO?

The filing shows KinderCare Learning Companies' Chief Operating Officer beneficially owns 139,916 shares of common stock, including restricted stock units and various non-qualified stock options that vest over time.

How many KinderCare (KLC) common shares does the COO beneficially own?

The COO beneficially owns 139,916 shares of KinderCare common stock, which includes time-vested restricted stock units (RSUs) that convert into shares as they vest.

What restricted stock units (RSUs) are reported for the KinderCare (KLC) COO?

The filing notes 1,137 RSUs vesting in two installments on November 23, 2025 and February 23, 2026, and 13,537 RSUs vesting 25% on March 14, 2026 with the remainder vesting quarterly until fully vested on March 14, 2029, subject to continued employment.

What stock options does the KinderCare (KLC) COO hold and at what exercise prices?

The COO holds non-qualified stock options for 19,281 shares at $20.70 expiring on May 17, 2032, 20,353 shares at $20.61 expiring on February 23, 2032, and 27,075 shares at $16.37 expiring on March 14, 2035.

When do the KinderCare (KLC) COO stock options vest or become exercisable?

One option grant is exercisable immediately. Another includes 17,808 options already vested and 2,545 options that will vest on February 23, 2026, subject to continued employment. A third grant vests 25% on the first anniversary of the grant date and then vests quarterly until fully vested on the fourth anniversary.

What is the employment condition tied to the KLC COO’s RSUs and options?

The filing states that vesting of both RSUs and certain stock options is conditioned on the COO’s continued employment through the applicable vesting dates.