How does the Brennan Family Trust relate to KRC share ownership?

The filing shows 8,214 Kilroy Realty shares held indirectly by Edward F. Brennan through the Brennan Family Trust. This indicates a separate ownership vehicle in addition to his direct holdings, and both positions are disclosed to provide a fuller picture of his overall share exposure.

Dividend-based stock units granted to Kilroy (NYSE: KRC) director Brennan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BRENNAN EDWARD F reported acquisition or exercise transactions in this Form 4 filing.

Kilroy Realty Corp director Edward F. Brennan received 504.5438 shares of common stock on April 8, 2026 through a grant of restricted stock units tied to dividend equivalent rights on earlier awards under the Kilroy Realty 2006 Incentive Award Plan.

After this compensation grant, Brennan directly holds 39,346.0054 common shares and indirectly holds 8,214 shares through the Brennan Family Trust. The award is a non‑cash, non‑market transaction and does not reflect an open‑market purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider BRENNAN EDWARD F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share	504.544	$0.00	--
holding	Common stock, par value $0.01 per share	--	--	--

Holdings After Transaction: Common stock, par value $0.01 per share — 39,346.005 shares (Direct); Common stock, par value $0.01 per share — 8,214 shares (Indirect, BY BRENNAN FAMILY TRUST)

Footnotes (1)

[object Object]

Key Figures

RSUs granted: 504.5438 shares Direct holdings after grant: 39,346.0054 shares Indirect trust holdings: 8,214.0000 shares +2 more

5 metrics

RSUs granted 504.5438 shares Restricted stock units from dividend equivalent rights on 2026-04-08

Direct holdings after grant 39,346.0054 shares Common stock directly owned by Edward F. Brennan after transaction

Indirect trust holdings 8,214.0000 shares Common stock held indirectly via Brennan Family Trust

Market buy transactions 0 shares No open-market buys reported in transactionSummary

Market sell transactions 0 shares No open-market sales reported in transactionSummary

Key Terms

restricted stock units, dividend equivalent rights, Incentive Award Plan, indirect ownership

4 terms

restricted stock units financial

"Grant of restricted stock units in respect of dividend equivalent rights"

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 equivalent rights financial

"in respect of dividend equivalent rights with respect to underlying restricted stock unit awards"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

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.

indirect ownership financial

"total_shares_following_transaction ... direct_or_indirect": "I" ... BY BRENNAN FAMILY TRUST"

Form 4 Insider Transactions: What Each Field Means →

04/10/2026 - 06:07 PM

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^*

BRENNAN EDWARD F

(Last)

(First)

(Middle)

C/O KILROY REALTY CORPORATION

12200 W. OLYMPIC BLVD., SUITE 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)
04/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock, par value $0.01 per share⁽¹⁾	04/08/2026		A		504.5438	A	$0	39,346.0054	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	04/10/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did KRC director Edward Brennan report?

Edward F. Brennan reported receiving 504.5438 shares of Kilroy Realty common stock. These came as restricted stock units credited for dividend equivalent rights on prior awards, under the company’s 2006 Incentive Award Plan, rather than through an open-market stock purchase.

Is the KRC Form 4 transaction a stock buy or sale?

The Form 4 does not show a buy or sale in the market. It records a grant of restricted stock units credited for dividend equivalents, making this a compensation-related share acquisition rather than an open-market trade by director Edward F. Brennan.

How many KRC shares does Edward Brennan hold after the Form 4?

Following the reported grant, Edward F. Brennan directly owns 39,346.0054 Kilroy Realty common shares. He also indirectly holds 8,214 additional shares through the Brennan Family Trust, reflecting both personal and trust-based ownership positions disclosed in this filing.

What are dividend equivalent rights in the KRC stock award?

Dividend equivalent rights credit additional restricted stock units when the company pays dividends. In this case, Brennan received 504.5438 new units as dividend equivalents on previously granted restricted stock units under the Kilroy Realty 2006 Incentive Award Plan and related award agreement.