[144] KILROY REALTY CORP SEC Filing
KILROY REALTY CORP (KRC) Form 144: An individual proposes to sell 3,500 common shares on the NYSE, with an aggregate market value of $154,016.45, representing part of the company's 118,294,328 shares outstanding. The shares were acquired as performance shares from the issuer on 02/01/2024, and the filer indicates an approximate sale date of 09/18/2025. The filing reports no securities sold in the past three months by the selling person and includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
- Compliance disclosure provided under Rule 144 with broker and sale details
- Shares were acquired as performance awards, indicating compensation-based origin rather than external purchase
- No sales in the prior three months reported, suggesting this is not part of a larger immediate sell-off
- None.
Insights
TL;DR: Routine insider sale notice for 3,500 performance shares valued at $154k; non-material relative to total float.
The Form 144 notifies the broker and the market of a planned sale of 3,500 common shares acquired as performance compensation on 02/01/2024. At an aggregate value of $154,016.45 against 118,294,328 shares outstanding, this represents a de minimis portion of the companys equity and is a routine compliance disclosure rather than a substantive corporate development. The absence of sales in the prior three months and the sellers attestation regarding undisclosed material information are standard elements that reduce informational asymmetry for market participants.
TL;DR: Compliance-focused filing; shows insider monetization of vested performance award, no governance red flags.
The document indicates monetization of performance-based equity awarded by the issuer. The filing follows Rule 144 procedural requirements including broker identification and sellers certification. There are no indications of concentrated or accelerated disposal, no prior recent sales, and no statements suggesting undisclosed adverse information, so from a governance perspective this appears routine and compliant.