Director at KKR Real Estate Finance (NYSE: KREF) receives 16,691 RSUs
Rhea-AI Filing Summary
ESTEVES IRENE M reported acquisition or exercise transactions in this Form 4 filing.
KKR Real Estate Finance Trust Inc. director Irene M. Esteves received a grant of 16,691 restricted stock units as equity compensation. These RSUs vest on the earlier of April 14, 2027 or the next annual stockholder meeting. She has elected to defer delivery of the underlying common shares until she no longer serves on the board, and her direct holdings after this award are reported at 69,968 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,691 shares
Net Buy
1 txn
Insider
ESTEVES IRENE M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,691 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 69,968 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units, which will vest on the earlier of (i) April 14, 2027 and (ii) the first regularly scheduled annual meeting of the stockholders of the Issuer following the grant date. The reporting person has elected to defer receipt of all of the shares of Common Stock issuable upon the vesting of the restricted stock units until such date in which the reporting person no longer serves as a member of the Board of Directors of the Issuer.
Key Figures
RSU grant size: 16,691 units
Grant price: $0.00 per share
Holdings after transaction: 69,968 shares
+1 more
4 metrics
RSU grant size
16,691 units
Restricted stock units granted to director on April 14, 2026
Grant price
$0.00 per share
Equity compensation award, no cash paid by director
Holdings after transaction
69,968 shares
Total KREF common shares reported as directly held post-grant
Vesting date trigger
April 14, 2027
Latest vesting date, or earlier next annual stockholder meeting
Key Terms
restricted stock units, vest, annual meeting of the stockholders, defer receipt, +1 more
5 terms
restricted stock units financial
"Represents a grant of restricted stock units, which will vest on the earlier"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"which will vest on the earlier of (i) April 14, 2027 and (ii)"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of the stockholders financial
"the first regularly scheduled annual meeting of the stockholders of the Issuer"
defer receipt financial
"The reporting person has elected to defer receipt of all of the shares"
Board of Directors financial
"until such date in which the reporting person no longer serves as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KREF director Irene M. Esteves report?
Irene M. Esteves reported receiving 16,691 restricted stock units in KKR Real Estate Finance Trust Inc. The award is a stock-based compensation grant with no cash paid per share and increases her reported direct holdings to 69,968 shares after the transaction.
When do Irene M. Esteves’s 16,691 KREF restricted stock units vest?
The 16,691 restricted stock units vest on the earlier of April 14, 2027 or the first regularly scheduled annual meeting of KKR Real Estate Finance Trust stockholders after the grant date, providing a time- and service-based schedule tied to her ongoing board role.
What type of Form 4 transaction code applies to Irene M. Esteves’s KREF award?
The transaction is coded “A” on Form 4, indicating a grant, award, or other acquisition. It represents stock-based compensation in the form of restricted stock units rather than a market trade or sale of existing KKR Real Estate Finance Trust shares.