KREF (KREF) director Jonathan Langer awarded 16,691 deferred RSUs
Rhea-AI Filing Summary
Langer Jonathan A reported acquisition or exercise transactions in this Form 4 filing.
KKR Real Estate Finance Trust Inc. director Jonathan A. Langer reported a compensation-related equity award. He received 16,691 restricted stock units tied to the company’s common stock, with no cash paid per share. Following this grant, he directly holds 73,513 shares.
The restricted stock units will vest on the earlier of April 14, 2027, or the first regularly scheduled annual stockholder meeting after the grant date. Langer has elected to defer delivery of the underlying shares until the earlier of ten years after vesting or when he no longer serves on the Board, at which point the shares will be delivered in four equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,691 shares
Net Buy
1 txn
Insider
Langer Jonathan A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,691 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 73,513 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 "RSU Vesting 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 the earlier of (a) ten years after the RSU Vesting Date and (b) such date in which the reporting person no longer serves as a member of the Board of Directors of the Issuer. Upon such date, the reporting person has elected to receive the Common Stock in four equal annual installments.
Key Figures
RSU grant size: 16,691 units
Shares owned after grant: 73,513 shares
Vesting date: April 14, 2027
+2 more
5 metrics
RSU grant size
16,691 units
Restricted stock units awarded to director Jonathan A. Langer
Shares owned after grant
73,513 shares
Direct common stock holdings following the transaction
Vesting date
April 14, 2027
Latest possible vesting date for the restricted stock units
Deferral period
10 years
Maximum time after vesting before share delivery if still on Board
Installment count
4 installments
Common stock delivered in four equal annual tranches after deferral ends
Key Terms
restricted stock units, RSU Vesting Date, Board of Directors
3 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.
RSU Vesting Date financial
"the vesting of the restricted stock units until the earlier of (a) ten years after the RSU Vesting Date"
Board of Directors financial
"such date in which the reporting person no longer serves as a member of the Board of Directors of the Issuer"
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 Jonathan Langer report?
Jonathan A. Langer reported an acquisition of 16,691 restricted stock units linked to KKR Real Estate Finance Trust Inc. common stock. The award is a compensation grant with no cash purchase price and increases his direct holdings to 73,513 shares after the transaction.
What are the vesting terms of Jonathan Langer’s 16,691 KREF restricted stock units?
The 16,691 restricted stock units vest on the earlier of April 14, 2027, or KKR Real Estate Finance Trust Inc.’s first regularly scheduled annual stockholder meeting after the grant date. This single vesting date governs when the units convert into common shares, subject to deferral elections.