[Form 4] KinderCare Learning Companies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 overview: On 06/20/2025, KinderCare Learning Companies, Inc. (Ticker: KLC) director Michael Nuzzo acquired 13,914 shares of the company’s common stock. The shares were recorded at a transaction price of $0.00, indicating they were likely granted under an equity compensation plan rather than purchased on the open market.

Following the grant, Nuzzo’s direct beneficial ownership increased to 21,905 shares. No derivative securities transactions were reported, and no sales were disclosed.

The filing was signed by Attorney-in-Fact Anthony Amandi on 06/27/2025 and represents an individual filing by one reporting person.

Positive

• Director increased direct ownership by 13,914 shares, which can be interpreted as a modest sign of insider confidence.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small director share grant signals modest insider alignment; immaterial to valuation.

The acquisition of 13,914 KLC shares at no cost is most likely a routine director equity grant. While insider purchases can be viewed as a vote of confidence, the dollar value appears minor relative to KinderCare’s market capitalization and therefore is unlikely to influence trading dynamics or valuation models. The reporting person now controls 21,905 shares—still a relatively small stake—so governance influence or float impact is negligible. Overall, the event is compliance-driven and carries limited market significance.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nuzzo Michael

(Last) (First) (Middle)

C/O KINDERCARE LEARNING COMPANIES, INC.

5005 MEADOWS ROAD

(Street)

LAKE OSWEGO OR 97035

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		A		13,914	A	$0	21,905	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Anthony Amandi, Attorney-in-Fact	06/27/2025
	** 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 4 (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

How many KinderCare (KLC) shares did Michael Nuzzo acquire?

He acquired 13,914 common shares on 06/20/2025.

What is Michael Nuzzo’s total direct ownership after the transaction?

He now directly owns 21,905 KLC shares.

Was the transaction a purchase or a grant?

The Form 4 lists the transaction code "A" with a $0 price, indicating a stock grant rather than a market purchase.

Did the filing report any sales of KinderCare stock?

No. The filing shows only an acquisition; there were no sales disclosed.

Does this Form 4 involve any derivative securities?

No derivative securities were reported in Table II of the filing.