Kilroy Realty director receives RSU dividend equivalents
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.
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
- None.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share F1 | 374.899 | $0.00 | $0.00 |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
dividend equivalent rights financial
Kilroy Realty 2006 Incentive Award Plan financial
FAQ
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What did Edward F. Brennan report in this Form 4 for KRC?
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