FS KKR Capital Corp.
US ˙ NYSE ˙ US3026352068

Introduction

This page provides a comprehensive analysis of the known insider trading history of Daniel Pietrzak. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

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Companies with Reported Insider Positions

The SEC filings indicate Daniel Pietrzak has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
0
0
US:FSK / FS KKR Capital Corp. Co-President and CIO, Director 49,800
0
0
0
0
US:CCT / Comcast Corporation - Preferred Security Chief Investment Officer 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Daniel Pietrzak. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases FSK / FS KKR Capital Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FSK / FS KKR Capital Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2024-12-05 FSK Pietrzak Daniel 5,000 21.3099 5,000 21.3099 106,550 76 24.0600 13,751 12.91
2024-08-08 FSK Pietrzak Daniel 5,000 19.2081 5,000 19.2081 96,040
2024-02-28 FSK Pietrzak Daniel 7,300 18.7300 7,300 18.7300 136,729
2024-02-28 FSK Pietrzak Daniel 2,700 18.7600 2,700 18.7600 50,652
2023-08-11 FSK Pietrzak Daniel 5,000 20.1200 5,000 20.1200 100,600
2023-03-02 FSK Pietrzak Daniel 5,000 19.6600 5,000 19.6600 98,300
2022-11-09 FSK Pietrzak Daniel 6,000 18.7600 6,000 18.7600 112,560
2022-05-11 FSK Pietrzak Daniel 5,000 21.6076 5,000 21.6076 108,038
2022-03-07 FSK Pietrzak Daniel 4,000 22.8547 4,000 22.8547 91,419
2021-11-18 FSK Pietrzak Daniel 5,000 21.4400 5,000 21.4400 107,200
2021-08-12 FSK Pietrzak Daniel 5,000 22.7300 5,000 22.7300 113,650
2020-03-16 FSK Pietrzak Daniel 10,000 3.2754 2,500 13.1016 32,754
2020-03-09 FSK Pietrzak Daniel 10,000 4.2000 2,500 16.8000 42,000
2020-03-02 FSK Pietrzak Daniel 10,000 5.5125 2,500 22.0500 55,125
2019-11-18 FSK Pietrzak Daniel 8,340 5.9285 2,085 23.7140 49,444
2019-11-15 FSK Pietrzak Daniel 1,660 5.8972 415 23.5888 9,789
2019-08-14 FSK Pietrzak Daniel 10,000 5.6500 2,500 22.6000 56,500
2019-06-05 FSK Pietrzak Daniel 10,000 5.9400 2,500 23.7600 59,400
2019-01-17 FSK Pietrzak Daniel 50,000 5.8799 12,500 23.5196 293,995

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FSK / FS KKR Capital Corp. Insider Trades
Insider Sales FSK / FS KKR Capital Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FSK / FS KKR Capital Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2020-06-01 FSK Pietrzak Daniel 29,648 3.7489 7,412 14.9956 111,147 1 3.7500 -83,352 -74.99
2020-05-29 FSK Pietrzak Daniel 65,680 3.7019 16,420 14.8076 243,141

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FSK / FS KKR Capital Corp. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Daniel Pietrzak as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2025-04-22 3 N/A Capital Group KKR Core Plus (plus)
Common Shares of Beneficial Interest 		0
2025-04-22 3 N/A Capital Group KKR Multi-Sector (plus)
Common Shares of Beneficial Interest 		0
2024-12-06 2024-12-05 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 49,800 11.16 21.31 106,550 1,061,233
2024-08-12 2024-08-08 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 44,800 12.56 19.21 96,040 860,523
2024-04-19 3 NONE KKR Enhanced US Direct Lending Fund-L
Common Shares of Beneficial Interest 		0
2024-02-29 2024-02-28 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 2,700 17,700 18.00 18.76 50,652 332,052
2024-02-29 2024-02-28 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 7,300 39,800 22.46 18.73 136,729 745,454
2023-10-13 3 NONE KKR US Direct Lending Fund-U
Common Shares of Beneficial Interest 		0
2023-08-14 2023-08-11 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 32,500 18.18 20.12 100,600 653,900
2023-04-25 3 NONE KKR Asset-Based Income Fund
Common Shares of Beneficial Interest 		0
2023-03-03 2023-03-02 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 15,000 50.00 19.66 98,300 294,900
2022-11-10 2022-11-09 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 6,000 27,500 27.91 18.76 112,560 515,900
2022-05-13 2022-05-11 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 21,500 30.30 21.61 108,038 464,563
2022-03-09 2022-03-07 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 4,000 16,500 32.00 22.85 91,419 377,103
2021-11-19 2021-11-18 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 12,500 66.67 21.44 107,200 268,000
2021-08-16 2021-08-12 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 5,000 7,500 200.00 22.73 113,650 170,475
2020-06-02 2020-06-01 4 FSK FS KKR Capital Corp
Common Stock 		S - Sale -29,648 10,000 -74.78 3.75 -111,147 37,489
2020-06-02 2020-05-29 4 FSK FS KKR Capital Corp
Common Stock 		S - Sale -65,680 39,648 -62.36 3.70 -243,141 146,773
2020-03-17 2020-03-16 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 10,000 115,328 9.49 3.28 32,754 377,745
2020-03-10 2020-03-09 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 10,000 105,328 10.49 4.20 42,000 442,378
2020-03-04 2020-03-02 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 10,000 30,000 50.00 5.51 55,125 165,375
2019-12-23 3 NONE KKR Credit Opportunities Portfolio
Common Shares of Beneficial Interest 		0
2019-11-19 2019-11-18 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 8,340 20,000 71.53 5.93 49,444 118,570
2019-11-19 2019-11-15 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 1,660 11,660 16.60 5.90 9,789 68,761
2019-08-15 2019-08-14 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 10,000 10,000 5.65 56,500 56,500
2019-06-07 2019-06-05 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 10,000 95,328 11.72 5.94 59,400 566,248
2019-01-18 2019-01-17 4 FSK FS KKR Capital Corp
Common Stock 		P - Purchase 50,000 85,328 141.53 5.88 293,995 501,720
2018-12-21 2018-12-19 4 CCT Corporate Capital Trust, Inc.
Common Stock 		D - Sale to Issuer -15,000 0 -100.00
2018-12-21 2018-12-19 4 FSIC FS KKR Capital Corp
Common Stock 		A - Award 35,328 35,328
2018-03-12 2018-03-08 4 CCT Corporate Capital Trust, Inc.
Common Stock 		P - Purchase 7,500 15,000 100.00 16.01 120,098 240,195
2018-03-12 2018-03-08 4 CCT Corporate Capital Trust, Inc.
Common Stock 		P - Purchase 5,200 7,500 226.09 16.16 84,032 121,200
2018-03-12 2018-03-08 4 CCT Corporate Capital Trust, Inc.
Common Stock 		P - Purchase 2,300 2,300 16.15 37,145 37,145
2017-11-14 3 CCT Corporate Capital Trust, Inc.
Common Stock, par value $0.001 per share 		0
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)