Restricted stock grant to Kilroy Realty (KRC) board member

Rhea-AI Filing Summary

KIESKE DAVID ANDREW reported acquisition or exercise transactions in this Form 4 filing.

Kilroy Realty Corp director David Andrew Kieske received an equity award of 4,339 shares of common stock in the form of restricted stock units. The grant was made at no cash cost to him and increased his directly held position to 7,624.4312 shares.

The award was granted under the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit includes a right to receive dividend equivalents tied to the underlying share, aligning the director’s compensation with shareholder returns through both stock value and dividends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KIESKE DAVID ANDREW

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share	4,339	$0.00	--

Holdings After Transaction: Common stock, par value $0.01 per share — 7,624.431 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 4,339 shares Award price per share: $0.00 per share Shares held after grant: 7,624.4312 shares

3 metrics

RSU grant size 4,339 shares Restricted stock units awarded on May 19, 2026

Award price per share $0.00 per share Grant/award acquisition, non-cash compensation

Shares held after grant 7,624.4312 shares Total direct holdings following the transaction

Key Terms

restricted stock units, dividend equivalents, Incentive Award Plan, Grant, award, or other acquisition

4 terms

restricted stock units financial

"Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan."

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 equivalents financial

"Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Incentive Award Plan financial

"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan."

An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.

Grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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
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^*

KIESKE DAVID ANDREW

(Last) (First) (Middle)

C/O KILROY REALTY CORPORATION

12200 W. OLYMPIC BLVD., STE. 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share(1)	05/19/2026		A		4,339	A	$0	7,624.4312	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. Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share of stock underlying such restricted stock unit.

Remarks:

	/s/ Heidi R. Roth, as attorney-in-fact for David Kieske	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did KILROY REALTY CORP (KRC) director David Andrew Kieske report on this Form 4?

He reported receiving 4,339 restricted stock units of Kilroy Realty common stock as a compensation award. The grant increased his directly held stake to 7,624.4312 shares, reflecting a non-cash equity award rather than an open-market purchase or sale.

How many Kilroy Realty (KRC) shares does David Andrew Kieske hold after this transaction?

After the award, he directly holds 7,624.4312 shares of Kilroy Realty common stock. This total includes the newly granted 4,339 restricted stock units, which represent share-based compensation rather than a cash investment in additional stock on the open market.

What type of equity award did Kilroy Realty (KRC) grant to director David Andrew Kieske?

He received an award of 4,339 restricted stock units under the Kilroy Realty 2006 Incentive Award Plan. Each unit represents one share of common stock and carries a right to dividend equivalents on the underlying share, linking compensation to shareholder returns over time.

Did David Andrew Kieske buy or sell Kilroy Realty (KRC) shares in the market?

He did not buy or sell shares in the open market. The Form 4 shows an “A” code, indicating a grant or award acquisition of 4,339 restricted stock units at a price of $0.00 per share as part of his director compensation package.

What does the dividend equivalent feature on the Kilroy Realty (KRC) restricted stock units mean?

Each restricted stock unit carries a right to receive dividend equivalents tied to the underlying share. This means when Kilroy Realty pays dividends on its common stock, equivalent amounts accrue on these units, further aligning the director’s compensation with shareholder dividend income.