KKR Real Estate Finance Trust Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>KKR Real Estate Finance Trust Inc. is holding its 2024 virtual annual meeting on April 19, 2024, with key votes on director nominees, auditor ratification, and executive compensation.</b>

AI Summary

KKR Real Estate Finance Trust Inc. (KREF-PA) filed a Proxy Statement (DEF 14A) with the SEC on March 8, 2024. The 2024 annual meeting of stockholders for KKR Real Estate Finance Trust Inc. will be held virtually on April 19, 2024, at 8:30 a.m. Eastern Time. Stockholders can attend, vote, and submit questions via live audio webcast at www.virtualshareholdermeeting.com/KREF2024. Key agenda items include the election of director nominees, ratification of Deloitte & Touche LLP as the independent auditor for 2024, and a non-binding vote on executive compensation. The company's Board of Directors unanimously recommends voting FOR all director nominees. The Board also unanimously recommends voting FOR the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2024.

Why It Matters

For investors and stakeholders tracking KKR Real Estate Finance Trust Inc., this filing contains several important signals. This filing is a definitive proxy statement, indicating that the company is formally soliciting votes from its shareholders for the upcoming annual meeting. The virtual format allows for broader participation but requires specific access credentials, highlighting the importance of shareholders preparing in advance.

Risk Assessment

Risk Level: low — KKR Real Estate Finance Trust Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks disclosed.

Analyst Insight

Shareholders should review the director nominees and executive compensation proposals before the April 19, 2024 meeting to cast informed votes.

Key Numbers

• 2024 — Annual Meeting Year (2024 annual meeting of stockholders)
• April 19 — Meeting Date (Friday, April 19, 2024)
• 8:30 a.m. — Meeting Time (8:30 a.m., Eastern Time)

Key Players & Entities

• KKR Real Estate Finance Trust Inc. (company) — Registrant and company name
• Deloitte & Touche LLP (company) — Independent registered public accounting firm
• April 19, 2024 (date) — Date of the annual meeting
• March 8, 2024 (date) — Filing date
• 30 Hudson Yards (location) — Company's business and mailing address

FAQ

Industry Context

KKR Real Estate Finance Trust Inc. operates as a real estate investment trust, focusing on originating and investing in real estate debt and equity.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the ratification of Deloitte & Touche LLP as the independent auditor.
3. Consider the non-binding advisory vote on executive compensation.

Key Dates

• 2024-04-19: Annual Meeting of Stockholders — Key date for voting on director nominees, auditor ratification, and executive compensation.
• 2024-03-08: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 annual meeting, distinct from previous filings which would have covered different reporting periods or events.

Filing Documents

• ny20019946x1_def14a.htm (DEF 14A) — 933KB
• logo_kkrcolor.jpg (GRAPHIC) — 36KB
• ny20019946x1_pc01.jpg (GRAPHIC) — 591KB
• ny20019946x1_pc02.jpg (GRAPHIC) — 599KB
• ny20019946x1_pvp01x3.jpg (GRAPHIC) — 129KB
• ny20019946x1_pvp02x3.jpg (GRAPHIC) — 119KB
• ny20019946x1_pvp03x3.jpg (GRAPHIC) — 116KB
• ny20019946x1_pvp04x3.jpg (GRAPHIC) — 120KB
• ny20019946x1_pvp05x3.jpg (GRAPHIC) — 122KB
• ny20019946x1_pvp06x3.jpg (GRAPHIC) — 124KB
• 0001140361-24-012368.txt (&nbsp;) — 7181KB
• kref-20240419.xsd (EX-101.SCH) — 6KB
• kref-20240419_def.xml (EX-101.DEF) — 8KB
• kref-20240419_lab.xml (EX-101.LAB) — 15KB
• kref-20240419_pre.xml (EX-101.PRE) — 11KB
• ny20019946x1_def14a_htm.xml (XML) — 486KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 20 PROPOSAL 3 — ADVISORY VOTE ON EXECUTIVE COMPENSATION 33 34 i TABLE OF CONTENTS Page TRANSACTIONS WITH RELATED PERSONS 35 Related Person Transaction Policy 35 Management Agreement 35 Incentive Plan 36 Christen Lee Equity Awards 36 Governance Rights of Certain Pre-IPO Stockholders 36 Registration Rights Agreement 36 Relationship with KKR Capital Markets 37 KKR License Agreement 38 Indemnification Agreements 38 ANNUAL REPORT 39 OTHER BUSINESS 39 STOCKHOLDER PROPOSALS FOR THE 2025 ANNUAL MEETING 40 HOUSEHOLDING OF PROXY MATERIALS 40 ii TABLE OF CONTENTS KKR Real Estate Finance Trust Inc. 30 Hudson Yards, Suite 7500 New York, New York 10001 PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON APRIL 19, 2024 This Proxy Statement and our annual report for the fiscal year ended December 31, 2023 (the "Annual Report" and, together with the Proxy Statement, the "proxy materials") are being furnished by and on behalf of the board of directors (the "Board" or the "Board of Directors") of KKR Real Estate Finance Trust Inc., a Maryland corporation (the "Company," "KREF," "we," "us," or "our"), in connection with our 2024 annual meeting of stockholders (the "Annual Meeting"). GENERAL INFORMATION ABOUT THE ANNUAL MEETING AND VOTING Where and when will the Annual Meeting be held? The meeting will be held virtually, solely by means of remote communication, via live audio webcast at www.virtualshareholdermeeting.com/KREF2024 on Friday, April 19, 2024, at 8:30 a.m., Eastern Time. Why am I being provided with these proxy materials? We have made our proxy materials available to you on the Internet or, upon your request, delivered printed versions of these proxy materials to you by mail in connection with the solicitation by our Board of proxies for the matters to be considered and voted on at our Annual Meeting and at any adjournment or postponement

View Full Filing

View this DEF 14A filing on SEC EDGAR