AbstractK‐changes are observed as step‐like increases in the thundercloud electric fields. The K‐changes occur in the late part of intra‐cloud lightning or during negative cloud‐to‐ground lightning between return strokes. It has been shown that the processes leading to K‐changes initiate in the decayed part of a positive leader channel and propagate toward the flash origin. They are often accompanied by microsecond‐scale electric field pulses. We introduce a new model to simulate processes leading to the K‐changes in cloud‐to‐ground lightning. Our method is based on the full solution of Maxwell's equations coupled to Poisson's equation for the thundercloud charge structure. To model the K‐changes, we gradually increase the decayed channel conductivity. The modeled current wavefront propagates due to the K‐processes downward along a vertical channel and completely attenuates before reaching the ground. We derive the evolution of the linear charge densities and the scalar electric potential along the channel leading to K‐changes. We model electrostatic step‐like changes in the measured electric field together with the approximate rates and amplitudes of the microsecond scale pulses. Step‐like changes increase their amplitudes with the length of the simulated channel and with a higher conductivity of the channel. The microsecond‐scale pulse waveshapes depend mainly on the propagation velocity of the current wave, and the time scale of the conductivity increase. We show that our modeled waveforms are in a good agreement with observations conducted in Florida.