Kilroy Realty (NYSE: KRC) director receives dividend RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kilroy Realty Corp director Daryl J. Carter reported an equity compensation grant rather than a market trade. On April 8, 2026, he acquired 241.8124 shares of common stock through restricted stock units credited as dividend equivalent rights tied to previously granted RSU awards under the Kilroy Realty 2006 Incentive Award Plan.
The award carried a reported price of $0.00 per share, reflecting its nature as compensation, not an open-market purchase. Following this grant, Carter directly holds 12,932.4867 shares of Kilroy Realty common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARTER DARYL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 241.812 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 12,932.487 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 241.8124 shares
Transaction price: $0.00 per share
Holdings after transaction: 12,932.4867 shares
+1 more
4 metrics
RSUs granted
241.8124 shares
Restricted stock units credited as dividend-equivalent rights
Transaction price
$0.00 per share
Reported price for the grant/award acquisition
Holdings after transaction
12,932.4867 shares
Total common stock directly held after the RSU grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock units, dividend equivalent rights, Kilroy Realty 2006 Incentive Award Plan
3 terms
restricted stock units financial
"Grant of restricted stock units in respect of dividend equivalent rights"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"in respect of dividend equivalent rights with respect to underlying restricted stock unit awards"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Kilroy Realty 2006 Incentive Award Plan financial
"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms"
FAQ
What insider transaction did KRC director Daryl J. Carter report?
Daryl J. Carter reported receiving 241.8124 restricted stock units as dividend-equivalent rights. These RSUs relate to earlier awards and were granted as equity compensation, not through an open-market stock purchase or sale.
What is the nature of the restricted stock units Daryl J. Carter received from KRC?
The units are restricted stock units granted as dividend-equivalent rights on existing RSU awards. They were issued under the Kilroy Realty 2006 Incentive Award Plan pursuant to the terms of the relevant award agreement, expanding his equity-based compensation.
Does this KRC Form 4 reflect an open-market buy or sell by Daryl J. Carter?
The Form 4 does not show an open-market buy or sell. It reports an acquisition coded as a grant or award of 241.8124 restricted stock units awarded as dividend-equivalent rights, a routine compensation-related transaction.