KRC Executive credited 646.7444 shares and 445 RSUs-equivalent
Rhea-AI Filing Summary
Heidi R. Roth, Executive Vice President and Chief Administrative Officer, reported acquisitions of Kilroy Realty Corporation common stock and restricted stock units on 10/08/2025. The filing shows an automatic grant/credit for dividend equivalent rights of 646.7444 shares of common stock, increasing her direct holdings to 73,357.2766 shares. In Table II she was credited with 216.7055 and 228.9009 restricted stock units (RSUs), which convert 1:1 into common shares when vested and raise her total derivative-backed common share equivalent to 34,617.0201 shares following the transactions. The RSUs reflect dividend equivalent credits tied to prior performance-unit awards covering multi-year performance periods ending 12/31/2025 and 12/31/2026, and they remain subject to additional time-based vesting.
Positive
- Director/officer increased direct holdings to 73,357.2766 common shares after a 646.7444 share credit
- Dividend equivalent credits applied to previously granted performance awards under the Kilroy Realty 2006 Incentive Award Plan, preserving value for the executive
- RSUs convert 1:1 into common stock, with 216.7055 and 228.9009 units credited, expanding contingent ownership
Negative
- None.
Insights
TL;DR: Executive received dividend-equivalent common shares and RSUs that increase direct and contingent holdings while remaining time- and performance‑subject.
The reporting shows a non‑cash grant/credit of 646.7444 common shares and two RSU credits of 216.7055 and 228.9009, tied to dividend equivalents on previously awarded performance and restricted units. These units are granted under the Kilroy Realty 2006 Incentive Award Plan and convert on a one‑for‑one basis into common stock when vested.
Key dependencies are the underlying performance vesting outcomes through 12/31/2025 and 12/31/2026 and remaining time‑based vesting conditions; until those conditions are met the RSUs are contingently owned. Monitor the final vesting certification dates and any subsequent Form 4 filings showing actual share delivery.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 216.706 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 228.901 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 646.744 | $0.00 | -- |
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 2023 covering a three-year performance period ending December 31, 2025. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2023 and 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. 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.
