{"filing":{"accession_number":"0001104659-26-078916","cik":"0001422183","ticker":"FSK","company_name":"FS KKR Capital Corp","form":"8-K","filing_date":"2026-06-29","report_date":null,"primary_document":"tm2619102d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1422183/000110465926078916/tm2619102d1_8k.htm"},"events":[{"id":14732,"run_id":13124,"accession_number":"0001104659-26-078916","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"FS KKR Capital Corp. issued and sold 6,000,000 shares of Cumulative Convertible Perpetual Preferred Stock to KKR Alternative Assets L.P. for $150 million on June 29, 2026. The convertible preferred stock is convertible into common stock at an initial conversion price of $18.83 per share, creating material dilution potential for existing common shareholders.","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29","form":"8-K","submitted_at":null,"items":[{"id":12248,"accession_number":"0001104659-26-078916","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"FS KKR Capital Corp. issued and sold 6,000,000 shares of Cumulative Convertible Perpetual Preferred Stock to KKR Alternative Assets L.P. for $150 million on June 29, 2026. The Convertible Preferred Stock is convertible into common stock at an initial conversion price of $18.83 per share, creating dilution potential for existing common shareholders. While technically a preferred stock issuance rather than a direct common stock sale, the convertible nature and the substantial capital raise ($150 million) make this a material dilutive financing event that would affect investor assessment of ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12249,"accession_number":"0001104659-26-078916","item_number":"3.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses the issuance of $150 million in convertible preferred stock to KKR Alternative Assets L.P., which is a dilutive security that can be converted into common stock at an initial conversion price of $18.83 per share. While Item 3.03 addresses \"Material Modification to Rights of Security Holders,\" the core event is the creation and issuance of a new class of convertible equity securities that materially dilutes existing common shareholders. The convertible feature, voting rights on an as-converted basis, and board representation rights all indicate this is a significant capital-raising transaction with dilutive consequences.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12251,"accession_number":"0001104659-26-078916","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"FS KKR Capital Corp. closed a $150 million issuance of cumulative convertible perpetual preferred stock purchased by KKR Alternative Assets L.P. on June 29, 2026. While technically preferred stock rather than debt, convertible preferred securities with fixed dividend obligations (5.00% cash or 7.00% PIK) and redemption features function as debt-like instruments and create direct financial obligations. The filing explicitly states the proceeds will be used for \"general corporate purposes, including funding its common stock repurchase program or for debt repayment,\" and the preferred stock ranks junior to all existing indebtedness, confirming its debt-like character. This is a material capital-raising event affecting the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":14733,"run_id":13124,"accession_number":"0001104659-26-078916","anchor_item_number":"8.01","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"The company's investment adviser waived 50% of subordinated income incentive fees for four fiscal quarters (Q2 2026 through Q1 2027) with no recoupment rights, materially reducing the company's operating costs during the waiver period.","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29","form":"8-K","submitted_at":null,"items":[{"id":12252,"accession_number":"0001104659-26-078916","item_number":"8.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Item 8.01 disclosure centers on the Adviser's waiver of 50% of subordinated income incentive fees for four fiscal quarters (Q2 2026 through Q1 2027), with no recoupment rights. While this involves a fee arrangement between the company and its investment adviser, it is fundamentally a governance matter concerning the advisory relationship and fee structure. The waiver is material to investors as it affects the company's operating costs and profitability during the waiver period, though it does not fit neatly into the specific governance categories (exec_compensation, auditor_change, shareholder_vote_results). The supplemental exhibits describe a concurrent $150 million convertible preferred stock issuance and share repurchase program, but the Item 8.01 itself focuses on the fee waiver arrangement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":12248,"accession_number":"0001104659-26-078916","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"FS KKR Capital Corp. issued and sold 6,000,000 shares of Cumulative Convertible Perpetual Preferred Stock to KKR Alternative Assets L.P. for $150 million on June 29, 2026. The Convertible Preferred Stock is convertible into common stock at an initial conversion price of $18.83 per share, creating dilution potential for existing common shareholders. While technically a preferred stock issuance rather than a direct common stock sale, the convertible nature and the substantial capital raise ($150 million) make this a material dilutive financing event that would affect investor assessment of ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29"},{"id":12249,"accession_number":"0001104659-26-078916","item_number":"3.03","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses the issuance of $150 million in convertible preferred stock to KKR Alternative Assets L.P., which is a dilutive security that can be converted into common stock at an initial conversion price of $18.83 per share. While Item 3.03 addresses \"Material Modification to Rights of Security Holders,\" the core event is the creation and issuance of a new class of convertible equity securities that materially dilutes existing common shareholders. The convertible feature, voting rights on an as-converted basis, and board representation rights all indicate this is a significant capital-raising transaction with dilutive consequences.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29"},{"id":12250,"accession_number":"0001104659-26-078916","item_number":"5.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":false,"confidence":0.75,"reasoning":"Item 5.03 discloses amendments to articles of incorporation or bylaws and changes in fiscal year. The filing incorporates Item 3.03 by reference, which relates to the $150 million convertible preferred stock issuance. However, the Item 5.03 section itself does not describe any actual amendments to bylaws or articles of incorporation, nor any change in fiscal year. The supplemental exhibits show a press release about the preferred stock issuance and an advisory fee waiver letter, neither of which constitute amendments to governing documents or fiscal year changes. This appears to be a routine cross-reference with no substantive governance amendment disclosed, making it a governance administrative matter that would not materially affect investor assessment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29"},{"id":12251,"accession_number":"0001104659-26-078916","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"FS KKR Capital Corp. closed a $150 million issuance of cumulative convertible perpetual preferred stock purchased by KKR Alternative Assets L.P. on June 29, 2026. While technically preferred stock rather than debt, convertible preferred securities with fixed dividend obligations (5.00% cash or 7.00% PIK) and redemption features function as debt-like instruments and create direct financial obligations. The filing explicitly states the proceeds will be used for \"general corporate purposes, including funding its common stock repurchase program or for debt repayment,\" and the preferred stock ranks junior to all existing indebtedness, confirming its debt-like character. This is a material capital-raising event affecting the company's capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29"},{"id":12252,"accession_number":"0001104659-26-078916","item_number":"8.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Item 8.01 disclosure centers on the Adviser's waiver of 50% of subordinated income incentive fees for four fiscal quarters (Q2 2026 through Q1 2027), with no recoupment rights. While this involves a fee arrangement between the company and its investment adviser, it is fundamentally a governance matter concerning the advisory relationship and fee structure. The waiver is material to investors as it affects the company's operating costs and profitability during the waiver period, though it does not fit neatly into the specific governance categories (exec_compensation, auditor_change, shareholder_vote_results). The supplemental exhibits describe a concurrent $150 million convertible preferred stock issuance and share repurchase program, but the Item 8.01 itself focuses on the fee waiver arrangement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T21:07:54.594126+00:00","company_name":"FS KKR Capital Corp","ticker":"FSK","filing_date":"2026-06-29"}]}