[Form 4] KILROY REALTY CORP Insider Trading Activity

Rhea-AI Filing Summary

Kilroy Realty insider grant and holdings update. A Form 4 shows that Edward F. Brennan, a director, received 336.2094 restricted stock units on 10/08/2025 at a reported price of $0, reflecting a grant of dividend-equivalent RSUs tied to previously reported awards under the 2006 Incentive Award Plan. After this transaction, Mr. Brennan is reported to beneficially own 38,480.7459 shares directly and an additional 8,214 shares indirectly through the Brennan Family Trust.

The filing is a routine insider compensation/reporting item: it documents a non‑cash equity grant that increases the reporter’s alignment with shareholder value and updates holdings for Section 16 disclosure purposes.

Positive

• Grant of 336.2094 RSUs increases director alignment with shareholders
• Direct beneficial ownership of 38,480.7459 shares indicates meaningful insider stake
• Indirect ownership of 8,214 shares via Brennan Family Trust disclosed for transparency

Negative

• None.

Insights

Corporate Governance Analyst

Director received a small equity grant; holdings updated for disclosure.

The filing records a grant of 336.2094 restricted stock units awarded as dividend equivalents tied to earlier awards under the 2006 Incentive Award Plan. Such awards are typically part of long‑term compensation designed to align a director with shareholder outcomes without immediate cash transfer.

Key dependencies include vesting terms and any future dilution when RSUs convert to shares; the grant itself was non‑cash on 10/08/2025. Monitor any subsequent Form 4 filings showing vesting conversions or sales within the next 12–36 months for changes in reported ownership.

Insider Transactions Specialist

Disclosure updates direct and indirect beneficial ownership totals.

After the reported award, the director’s direct beneficial ownership is listed as 38,480.7459 shares and indirect ownership via the Brennan Family Trust is 8,214 shares. The reported RSUs were recorded at a price of $0, consistent with equity compensation grants rather than open‑market purchases.

For investors tracking insider activity, the most actionable items are any future exercises/conversions or open‑market trades disclosed on subsequent Form 4s; expect potential reporting when the RSUs vest or convert to common shares within the plan’s timeframe.

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
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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^*

BRENNAN EDWARD F

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

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)	10/08/2025		A		336.2094	A	$0	38,480.7459	D
Common stock, par value $0.01 per share								8,214	I	BY BRENNAN FAMILY TRUST

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. 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.

Remarks:

	/s/ Heidi R. Roth, as attorney-in-fact for Edward F. Brennan, PhD	10/10/2025
	** 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 did Edward F. Brennan report on the Form 4 for KRC?

The Form 4 reports a grant of 336.2094 restricted stock units on 10/08/2025 and shows 38,480.7459 shares held directly and 8,214 shares indirectly.

Was the transaction a purchase or a grant for KRC insider activity?

It was a grant of restricted stock units reported at a price of $0, representing equity compensation rather than an open‑market purchase.

How does this filing affect disclosed ownership for KRC insiders?

The filing updates reported holdings to reflect 38,480.7459 direct shares and 8,214 indirect shares after the RSU grant.

What plan governs the awarded RSUs for the KRC filing?

The RSUs were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.

When should investors expect further disclosure related to these RSUs for KRC?

Further Form 4 disclosures may appear when the RSUs vest or convert to shares or if the reporting person trades shares; timing depends on the award terms.