[Form 4] KILROY REALTY CORP Insider Trading Activity

Rhea-AI Filing Summary

KILROY REALTY CORP (NYSE: KRC) insider Sherrie Sage Schwartz, Executive Vice President and Chief Human Resources Officer, reported a grant of restricted stock units on 10/08/2025. The filing shows an acquisition of 35.7232 restricted stock units recorded at a $0 price and a total beneficial ownership following the transaction of 2,775.1604 shares. The awards were described as restricted stock units granted as dividend equivalent rights tied to previously reported RSU awards under the Kilroy Realty 2006 Incentive Award Plan and the applicable award agreement. The Form 4 was signed on 10/10/2025 by an attorney-in-fact.

Positive

• Grant of 35.7232 RSUs aligns executive pay with shareholder value through equity-based compensation
• Reported beneficial ownership of 2,775.1604 shares increases transparency about executive holdings

Negative

• None.

Insights

Compensation Analyst

Executive granted RSUs as dividend equivalents, increasing her direct holdings modestly.

The transaction documents a grant of 35.7232 restricted stock units issued at a $0 price as dividend equivalent rights related to earlier RSU awards. Such awards are a common element of long-term compensation designed to align an executive's pay with shareholder outcomes.

Key dependencies include the terms and vesting schedule of the underlying RSU awards, which determine when these units convert to shares and become taxable/recognized as compensation expense. Monitor publicly filed disclosures for any future vesting events or plan-level reports that specify the vesting timeline.

Corporate Governance Analyst

Filing confirms routine, plan‑based equity compensation for a named officer and shows current beneficial ownership.

The Form 4 lists the reporting person as an officer (Chief Human Resources Officer) and records a post-transaction beneficial ownership of 2,775.1604 shares. The grant is described as dividend equivalent rights under the company’s 2006 Incentive Award Plan and the applicable award agreement.

Material governance items to watch are any future amendments to the incentive plan or aggregate executive awards disclosed in proxy statements, which would contextualize the scale and frequency of such grants within executive compensation governance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schwartz Sherrie Sage

(Last) (First) (Middle)

C/O KILROY REALTY CORPORATION

12200 W. OLYMPIC BLVD., SUITE 200

(Street)

LOS ANGELES CA 90064

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KILROY REALTY CORP [ NYSE: KRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share(1)	10/08/2025		A		35.7232	A	$0	2,775.1604	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

Remarks:

Executive Vice President, Chief Human Resources Officer

	/s/ Heidi R Roth, as attorney-in-fact for Sherrie Sage Schwartz	10/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kilroy Realty (KRC) insider Sherrie Sage Schwartz report on Form 4?

She reported a grant of 35.7232 restricted stock units as dividend equivalent rights and a post-transaction beneficial ownership of 2,775.1604 shares.

When was the transaction and when was the Form 4 signed?

The transaction date is 10/08/2025 and the Form 4 was signed on 10/10/2025.

What is the reported price for the RSU grant?

The grant is reported at a $0 price, consistent with equity awards issued as compensation.

Under which plan were the restricted stock units granted?

They were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.

What is Sherrie Sage Schwartz’s role at Kilroy Realty?

She is listed as Executive Vice President, Chief Human Resources Officer.