Kayne Anderson Energy Infrastructure (KYN) EVP receives 438 in-kind shares
Rhea-AI Filing Summary
Kayne Anderson Energy Infrastructure Fund Executive Vice President Ron M. Logan Jr. reported an "other" transaction involving the fund’s common stock. On April 7, 2026, he received 438 shares through an in-kind distribution from Kayne Anderson Capital Advisors, L.P. at a reference price of $14.2139 per share, based on the volume weighted average price for the last 10 trading days of March. Following this non-market restructuring event, he directly holds 69,910 common shares of KYN.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 438 shares
Net Buy
1 txn
Insider
LOGAN RON M JR
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 438 | $14.2139 | $6K |
Holdings After Transaction:
Common Stock — 69,910 shares (Direct)
Footnotes (1)
- F1. On April 7, 2026, Kayne Anderson Capital Advisors, L.P. ("KACALP") made an in-kind distribution of KYN shares to limited partners of KACALP. This Form 4 shows the Reporting Person's shares acquired as a result of this in-kind distribution. The $14.2139 price per share for the distribution was calculated on a volume weighted average price for the last 10 trading days of March.
Key Figures
Shares in transaction: 438 shares
Reference price per share: $14.2139 per share
Shares after transaction: 69,910 shares
+1 more
4 metrics
Shares in transaction
438 shares
In-kind distribution on April 7, 2026
Reference price per share
$14.2139 per share
Volume weighted average price for last 10 trading days of March
Shares after transaction
69,910 shares
Direct KYN common stock holdings following transaction
Restructuring shares
438 shares
Classified as restructuring-type "other" transaction (code J)
Key Terms
in-kind distribution, volume weighted average price, limited partners, Form 4, +1 more
5 terms
in-kind distribution financial
"made an in-kind distribution of KYN shares to limited partners"
volume weighted average price financial
"price per share for the distribution was calculated on a volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
limited partners financial
"in-kind distribution of KYN shares to limited partners of KACALP"
Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.
Form 4 regulatory
"This Form 4 shows the Reporting Person's shares acquired"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition regulatory
"transaction_code_description": "Other acquisition or disposition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KYN executive Ron M. Logan Jr. report?
Ron M. Logan Jr. reported an "other" non-market transaction in KYN common stock. He received 438 shares via an in-kind distribution from Kayne Anderson Capital Advisors, L.P. on April 7, 2026, rather than through an open-market purchase or sale.
What does transaction code "J" mean in the KYN Form 4 filing?
Transaction code "J" in this Form 4 denotes an "Other acquisition or disposition" of securities. In this case, it reflects a restructuring-type event where KYN shares were distributed in-kind to limited partners, rather than a standard open-market buy or sell transaction.