KKR CAO Dane Holmes sells $1.08m in company shares
Chief Administrative Officer Dane E. Holmes of KKR & Co. Inc. sold 10,000 shares of the company's common stock on September 3, 2026, for approximately $1.08 million. The sale took place on September 3, 2026, amid trading prices for KKR shares that fluctuated between $108.44 and $108.81, resulting in an average weighted sale price of $108.58 per share.
Just prior to this sale, Holmes bought 10,000 shares of KKR common stock via restricted holdings units on September 2, 2026. Under the terms of these restricted holdings units, each unit could be exchanged for one share of KKR common stock once certain conditions were met. These conditions included time-based vesting and market price targets ranging from $95.80 to $135.80, contingent upon Holmes' continued employment with KKR.
Following the sale, Holmes retained a direct stake of 8,513 shares of KKR common stock and 390,000 restricted holdings units. Analysts suggest that KKR is currently undervalued, with 12 additional ProTips available for subscribers interested in further analysis. KKR has been busy with several significant transactions recently. The company sold its 10% minority stake in Nordic Bioscience to its founder, Claus Christiansen, following its initial investment in the company in 2021.
Additionally, KKR recently finalized the sale of USI Insurance Services to Aon for approximately $17 billion, which includes debt. UBS has maintained a Buy rating on KKR stock with a price target of $123.00, as the firm continues to explore this sale. Moreover, Apollo Global Management acquired a co-controlling stake in Atlantic Aviation from KKR for nearly $10 billion, although KKR still holds a significant stake in the company.
KKR, along with Apollo and IFM Investors, is also in the final stages of bidding for a majority stake in Associated British Ports, a UK port operator valued at around £10 billion ($13.6 billion). These ongoing transactions underscore KKR's active role in managing strategic assets and realigning investments. This article was generated with the support of AI and reviewed by an editor.
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