[Form 4] Kilroy Realty Corp. Insider Trading Activity

Rhea-AI Filing Summary

Eliott Trencher, EVP and Chief Investment Officer of Kilroy Realty Corporation, reported a sale of common stock. The filing shows a disposition of 3,997 shares executed on 08/08/2025 at a weighted-average price of $38.0463, leaving the reporting person with 43,825.8797 shares reported as directly owned. The transaction is coded as a sale and the ownership form is listed as direct.

The filer includes a footnote that the reported price is a weighted average and that the shares were sold in multiple transactions at prices ranging from $38.04 to $38.05 inclusive; the reporting person offers to provide a breakdown of the number of shares sold at each price upon request.

Positive

• Transparent pricing disclosure — the filing reports a weighted-average price and supplies the executed price range ($38.04–$38.05) with an offer to provide detailed breakdowns on request.
• Compliance with Section 16 — the officer filed a Form 4 reporting the sale and the report identifies direct beneficial ownership following the transaction.

Negative

• Reduction in insider holdings — the reporting person disposed of 3,997 shares, decreasing direct holdings to 43,825.8797 shares.
• Single-officer sale disclosed — the transaction represents an officer sale; the filing does not include contextual information to assess whether this sale is routine or part of a broader pattern.

Insights

Securities Analyst

TL;DR: Routine officer sale of 3,997 KRC shares at a narrow price range; disclosure provides weighted-average pricing but lacks broader context.

The transaction is plainly documented: a sale of 3,997 common shares at a weighted-average price of $38.0463, with direct beneficial ownership reducing to 43,825.8797 shares. The reported price range ($38.04–$38.05) is narrow, indicating sale executions close in time and price. Without information on total outstanding shares or recent trading volumes, this single sale is insufficient to assess material market impact. The filing, however, meets Section 16 transparency standards.

Corporate Governance Expert

TL;DR: Filing shows a compliant Section 16 disclosure by an officer with detailed pricing footnote; signature executed by attorney-in-fact.

The Form 4 identifies the reporting person as an officer (EVP, Chief Investment Officer) and reports a direct sale of 3,997 shares. The footnote clarifies the weighted-average pricing methodology and offers further breakdown on request, which supports disclosure quality. The form indicates it was filed by one reporting person and includes an attorney-in-fact signature, consistent with common governance practice. The document does not state that the sale was made pursuant to a written 10b5-1 plan.

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^*

Trencher Eliott

(Last) (First) (Middle)

C/O KILROY REALTY CORPORATION

12200 W. OLYMPIC BLVD., SUITE 200

(Street)

LOS ANGELES CA 90064

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KILROY REALTY CORP [ NYSE: KRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	08/08/2025		S		3,997	D	$38.0463	43,825.8797	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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.04 to $38.05 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Remarks:

	/s/ Heidi R. Roth, as attorney-in-fact for Eliott Trencher	08/12/2025
	** 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.

FAQ

What transaction did Eliott Trencher report on the KRC Form 4?

Sale of 3,997 shares of Kilroy Realty common stock executed on 08/08/2025 reported at a weighted-average price of $38.0463.

What is Eliott Trencher's role at Kilroy Realty (KRC)?

EVP, Chief Investment Officer; the Form 4 lists the reporting person as an officer and reports direct beneficial ownership.

What price was reported and were there multiple prices?

Weighted-average price $38.0463; the footnote states shares were sold in multiple transactions at prices ranging from $38.04 to $38.05 inclusive.

Does the filing indicate the sale was made under a 10b5-1 trading plan?

No — the provided content does not indicate the transaction was made pursuant to a 10b5-1 plan.

How can I get more detail on the per-price breakdown of the sale?

Request from the company or SEC staff — the footnote states the reporting person will provide full information regarding the number of shares sold at each separate price upon request to Kilroy Realty Corporation, a security holder, or SEC staff.