Kilroy Realty (NYSE: KRC) executive granted RSUs and dividend-based stock
Rhea-AI Filing Summary
Kuehling Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Kilroy Realty Corp executive Jeffrey Kuehling reported equity compensation awards rather than market trades. He received 244.2885 restricted stock units, each representing a contingent right to one share of common stock and carrying dividend equivalent rights under the Kilroy Realty 2006 Incentive Award Plan.
He was also credited with 211.2375 shares of common stock at no cost in respect of dividend equivalent rights tied to previously granted restricted stock unit awards and 2025 performance units covering a three-year period ending December 31, 2027. Following these awards, he directly holds 26,534.3891 common shares and 13,064.9112 restricted stock units, which remain subject to time-based vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 244.289 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 211.238 | $0.00 | -- |
Footnotes (1)
- Award of restricted stock units granted pursuant to 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. 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 2025 covering a three-year performance period ending December 31, 2027. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2025 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.