KRC CEO Awarded 467 RSUs; Direct Holdings Rise to 111,613 Shares
Rhea-AI Filing Summary
Angela M. Aman, who serves as Chief Executive Officer and a director of Kilroy Realty Corporation (NYSE: KRC), reported two award-related transactions on 10/08/2025. She was credited with 647.3583 shares of common stock at no cash cost, bringing her total direct beneficial ownership to 111,613.1984 shares. Separately, 467.3362 restricted stock units were credited as dividend equivalents, increasing the total restricted-stock-unit position to 36,305.1017 units.
These awards were granted under the Kilroy Realty 2006 Incentive Award Plan and include performance units granted in 2024 that cover a three-year performance period ending December 31, 2026. The credited units remain subject to additional time-based vesting conditions.
Positive
- Increased executive alignment: CEO received 647.3583 shares and 467.3362 RSUs, raising direct holdings to 111,613.1984 shares
- Performance-linked awards: Awards include performance units covering a three-year period ending December 31, 2026, which ties pay to multi-year goals
Negative
- Potential future dilution: 36,305.1017 restricted-stock units remain outstanding and could convert to shares upon vesting
- Vesting uncertainty: The crediting increased minimum units eligible to vest but they remain subject to additional time-based vesting conditions
Insights
Executive pay delivered via RSUs increases CEO ownership while remaining time-vested.
The transactions reflect equity compensation: 647.3583 shares issued at $0 and 467.3362 restricted stock units credited as dividend equivalents under the 2006 Incentive Award Plan. Equity awards at no cash cost are standard for aligning management with shareholder outcomes but represent future share issuance when they vest.
Key dependencies include vesting schedules and performance outcomes through December 31, 2026. Investors should note the awards remain subject to additional time-based vesting, so the full economic transfer is deferred.
CEO holds a meaningful stake and continues to receive performance-linked incentives.
After these transactions the reporting person directly owns 111,613.1984 shares and has 36,305.1017 restricted-stock units outstanding. That combination signals continued alignment of executive incentives with long-term performance targets tied to the 2024 performance award.
Risks hinge on vesting outcomes and potential dilution if and when units convert to shares. Monitor the December 31, 2026 performance-period outcome and subsequent vesting milestones for material changes to share count.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 467.336 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 647.358 | $0.00 | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Footnotes (1)
- Grant of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table I, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement. Crediting of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table II, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The reporting person was awarded performance units in 2024 covering a three-year performance period ending December 31, 2026. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2024 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.
