Kilroy Realty officer awarded stock and RSUs
Kilroy Realty Corp officer Sherrie Sage Schwartz reported acquisitions tied to existing equity awards.
Rhea-AI Filing Summary
Kilroy Realty Corp officer Sherrie Sage Schwartz reported acquisitions tied to existing equity awards. She received 67.1953 shares of common stock and 90.8359 restricted stock units credited as dividend equivalent rights on previously granted restricted stock unit awards under the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit represents a contingent right to receive one share of common stock, and the units related to 2025 performance remain subject to additional time-based vesting requirements through the three-year performance period ending December 31, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3, F4 | 90.8359 | $0.00 | $0.00 |
| Grant/Award | Common stock, par value $0.01 per share F1 | 67.1953 | $0.00 | $0.00 |
Footnotes (4)
- 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.
- F2. 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.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F4. The reporting person was awarded performance units in 2025 covering a three-year performance period ending December 31, 2027. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2025 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.
Key Figures
Key Terms
restricted stock units financial
dividend equivalent rights financial
performance units financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sherrie Sage Schwartz report in this Form 4 for KRC?
How many restricted stock units did Schwartz receive from Kilroy Realty (KRC)?
What do the Kilroy Realty (KRC) restricted stock units represent for Schwartz?
What is the vesting period mentioned for Schwartz’s Kilroy Realty (KRC) performance units?
Why were additional restricted stock units credited to Schwartz at Kilroy Realty (KRC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.