---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-007608"
form_type: "8-K"
ticker: "KKR"
cik: "0001404912"
company_name: "KKR & Co. Inc."
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T03:27:55.812264+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KKR issues $2.59B of 6.25% Series D Mandatory Convertible Preferred Stock

## Summary
- Issued 51.75M shares at $50 liquidation preference per share, including full over-allotment exercise.
- Dividends cumulative at 6.25% annually, payable quarterly in cash or common stock; first payment June 1, 2025.
- Mandatory conversion on March 1, 2028 into 0.3312–0.4140 common shares per preferred share based on VWAP.
- While preferred outstanding, dividends and repurchases on common stock restricted unless all accumulated preferred dividends paid.
- Net proceeds of ~$2.53 billion; underwriting agreement with Morgan Stanley and KKR Capital Markets.

## SEC filing metadata
- accession: 0001140361-25-007608
- form_type: 8-K
- ticker: KKR
- cik: 0001404912
- company_name: KKR & Co. Inc.
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1404912/000114036125007608/0001140361-25-007608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1404912/000114036125007608/ny20042797x5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-007608
- JSON: https://secwatch.observer/filing/0001140361-25-007608.json
- Plain text: https://secwatch.observer/filing/0001140361-25-007608.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.