STOCK TITAN

Kilroy Realty Corp (NYSE: KRC) director adds shares via RSU dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kilroy Realty Corp director Edward F. Brennan reported an acquisition of 374.899 shares of common stock at $0.00 per share, reflecting a grant of restricted stock units credited as dividend equivalent rights under the Kilroy Realty 2006 Incentive Award Plan. Following this grant, Brennan holds 44,059.9044 shares of common stock directly and 8,214 shares indirectly through the Brennan Family Trust.

Positive

  • None.

Negative

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Insights

Routine RSU dividend-equivalent grant modestly increases director’s holdings.

The filing shows Edward F. Brennan, a director of Kilroy Realty Corp, receiving 374.899 shares via a grant of restricted stock units. These RSUs were credited as dividend equivalent rights tied to previously granted RSU awards under the Kilroy Realty 2006 Incentive Award Plan, and carry a price of $0.00 per share, consistent with non-cash equity compensation.

After this grant, Brennan’s direct holdings rise to 44,059.9044 common shares, with an additional 8,214 shares held indirectly through the Brennan Family Trust. This is a small, compensation-driven acquisition rather than an open-market purchase, so its informational value for sentiment is limited and appears neutral for shareholders.

Insider BRENNAN EDWARD F
Role null
Type Security Shares Price Value
Grant/Award Common stock, par value $0.01 per share 374.899 $0.00 --
holding Common stock, par value $0.01 per share -- -- --
Holdings After Transaction: Common stock, par value $0.01 per share — 44,059.904 shares (Direct, null); Common stock, par value $0.01 per share — 8,214 shares (Indirect, BY BRENNAN FAMILY TRUST)
Footnotes (1)
  1. [object Object]
RSU Dividend-Equivalent Grant 374.899 shares Grant of restricted stock units credited as dividend equivalent rights
Transaction Price $0.00 per share Price per share for the 374.899-share RSU grant
Direct Holdings After Transaction 44,059.9044 shares Common stock directly owned by Edward F. Brennan after the grant
Indirect Holdings via Trust 8,214 shares Common stock held indirectly through the Brennan Family Trust
Transaction Date 2026-07-08 Date of the reported transactions in common stock
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"
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FAQ

What did Edward F. Brennan report in this Form 4 for KRC?

Director Edward F. Brennan reported receiving 374.899 shares of Kilroy Realty Corp common stock via a restricted stock unit grant credited as dividend equivalent rights under an existing incentive award plan.

How many Kilroy Realty (KRC) shares does Edward F. Brennan now hold directly?

Following the grant, Edward F. Brennan directly holds 44,059.9044 shares of Kilroy Realty Corp common stock, as reported in the Form 4, reflecting his updated direct ownership position.

What is the nature of the 374.899-share transaction reported for KRC?

The 374.899-share transaction is a grant of restricted stock units credited as dividend equivalent rights related to previously awarded RSUs, not an open-market purchase or sale of Kilroy Realty stock.

Does Edward F. Brennan have indirect ownership of Kilroy Realty (KRC) shares?

Yes. In addition to his direct holdings, Edward F. Brennan reports 8,214 shares of Kilroy Realty Corp common stock held indirectly through the Brennan Family Trust as of the reported date.

Was any cash paid per share in the reported KRC RSU grant to Edward F. Brennan?

No cash was paid per share. The Form 4 lists a transaction price of $0.00 per share for the 374.899 restricted stock units, consistent with non-cash equity compensation grants.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
BRENNAN EDWARD F

(Last)(First)(Middle)
C/O KILROY REALTY CORPORATION
12200 W. OLYMPIC BLVD., SUITE 200

(Street)
LOS ANGELES CALIFORNIA 90064

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
KILROY REALTY CORP [ NYSE: KRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock, par value $0.01 per share(1)07/08/2026A374.899A$044,059.9044D
Common stock, par value $0.01 per share8,214IBY BRENNAN FAMILY TRUST
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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:
Exhibit 24 - Power of Attorney for Edward F. Brennan, PhD
/s/ Lauren N. Stadler, as attorney-in-fact for Edward F. Brennan, PhD07/10/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)