Kilroy Realty (NYSE: KRC) CEO details tax share tender and RSU awards
Rhea-AI Filing Summary
Kilroy Realty Corp Chief Executive Officer Angela M. Aman reported routine equity award-related transactions. On January 7, 2026, she acquired 694.5443 shares of common stock at $0 and 501.4004 restricted stock units, both credited as dividend-equivalent rights tied to prior awards under the Kilroy Realty 2006 Incentive Award Plan. On January 9, 2026, she tendered 7,458 shares of common stock at $39.82 per share to cover tax withholding. After these transactions, she directly beneficially owned 104,849.7427 shares of common stock and 36,806.5021 restricted stock units, plus 2,797 shares held indirectly through a revocable family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.01 per share | 7,458 | $39.82 | $297K |
| Grant/Award | Restricted Stock Units | 501.4 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 694.544 | $0.00 | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
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. Common stock tendered to pay tax withholding. 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 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.
FAQ
What insider transactions did KRC CEO Angela M. Aman report in this Form 4?
Angela M. Aman, Chief Executive Officer and director of Kilroy Realty Corp (KRC), reported dividend-equivalent share and restricted stock unit credits on January 7, 2026, and a share tender for tax withholding on January 9, 2026.
What equity awards or credits did the KRC CEO receive on January 7, 2026?
On January 7, 2026, the CEO received 694.5443 shares of common stock and 501.4004 restricted stock units at $0, both attributed to dividend equivalent rights on previously granted restricted stock unit and performance unit awards.
What do the restricted stock units reported by the KRC CEO represent?
Each restricted stock unit represents a contingent right to receive one share of Kilroy Realty common stock. Some units relate to performance units awarded in 2024 for a three-year performance period ending December 31, 2026, and remain subject to additional time-based vesting requirements.