Kilroy Realty Corp (NYSE: KRC) EVP logs RSU credits and tax-related share sale
Rhea-AI Filing Summary
Kilroy Realty Corp executive Eliott Trencher, EVP and Chief Investment Officer, reported routine equity compensation-related transactions. On January 7, 2026, he acquired 274.014 shares of common stock at $0, reflecting dividend equivalent rights tied to prior restricted stock unit (RSU) awards. That same day, he also received 278.999 and 324.1701 additional RSUs credited as dividend equivalents on performance-based awards granted in 2023 and 2024, which remain subject to time-based vesting conditions.
On January 9, 2026, Trencher disposed of 3,796 shares of common stock at $39.82 per share, with the shares tendered to cover tax withholding obligations. Following these transactions, he continued to hold tens of thousands of shares and RSUs directly, indicating these moves relate to compensation mechanics and tax compliance rather than discretionary open-market trading.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.01 per share | 3,796 | $39.82 | $151K |
| Grant/Award | Restricted Stock Units | 278.999 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 324.17 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 274.014 | $0.00 | -- |
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 2023 covering a three-year performance period ending December 31, 2025. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2023 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. 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
Who is the insider reporting transactions in Kilroy Realty Corp (KRC)?
The reporting person is Eliott Trencher, who serves as EVP, Chief Investment Officer of Kilroy Realty Corp.
What common stock transactions did Eliott Trencher report for KRC on January 2026?
On January 7, 2026, Trencher acquired 274.014 shares of KRC common stock at $0 per share via dividend equivalent rights. On January 9, 2026, he disposed of 3,796 shares at $39.82 per share to pay tax withholding.
What RSU grants did Eliott Trencher receive in this KRC Form 4 filing?
On January 7, 2026, Trencher was credited with 278.999 and 324.1701 restricted stock units, tied to performance awards from 2023 and 2024. Each RSU represents a contingent right to one share of KRC common stock and remains subject to time-based vesting.
What is the nature of the performance unit awards mentioned in the KRC Form 4?
The filing notes that Trencher received performance units in 2023 (covering a period ending December 31, 2025) and in 2024 (covering a period ending December 31, 2026). The new RSUs reported reflect additional minimum units eligible to vest due to dividend equivalent credits and remain subject to additional time-based vesting requirements.