STOCK TITAN

Kilroy Realty (NYSE: KRC) director awarded new RSUs on dividend equivalents

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kilroy Realty Corp director Peter B. Stoneberg reported a compensation-related share award. He acquired 388.476 shares of common stock on April 8, 2026 through a grant of restricted stock units tied to dividend equivalent rights, with no cash price per share.

These units relate to previously granted restricted stock unit awards under the Kilroy Realty 2006 Incentive Award Plan and the applicable award agreement. Following this grant, Stoneberg directly holds 34,977.9185 shares of Kilroy Realty common stock, making this a small, routine increase in his equity stake rather than an open-market purchase.

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Insider Stoneberg Peter B.
Role Director
Type Security Shares Price Value
Grant/Award Common stock, par value $0.01 per share 388.476 $0.00 --
Holdings After Transaction: Common stock, par value $0.01 per share — 34,977.919 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 388.476 shares Restricted stock units tied to dividend equivalent rights on April 8, 2026
Price per share for grant $0.0000 per share Stated transaction price for RSU-related acquisition
Shares held after transaction 34,977.9185 shares Direct holdings of Kilroy Realty common stock after grant
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.
Kilroy Realty 2006 Incentive Award Plan financial
"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms"
SEC Form 4
FORM 4UNITED 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*
Stoneberg Peter B.

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock, par value $0.01 per share(1)04/08/2026A388.476A$034,977.9185D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Peter B. Stoneberg04/10/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Kilroy Realty (KRC) director Peter B. Stoneberg report?

Peter B. Stoneberg reported an acquisition of shares through a stock-based award. He received 388.476 shares of Kilroy Realty common stock via restricted stock units, reflecting dividend equivalent rights on earlier awards, rather than buying shares in the open market.

How many Kilroy Realty (KRC) shares does Peter B. Stoneberg hold after this Form 4?

After the reported grant, Peter B. Stoneberg holds 34,977.9185 Kilroy Realty common shares directly. This total includes the 388.476 shares acquired through new restricted stock units linked to dividend equivalent rights on prior restricted stock unit awards.

Was cash paid for the Kilroy Realty (KRC) shares granted to Peter B. Stoneberg?

No cash changed hands for this grant. The 388.476 shares were acquired at a stated price of $0.0000 per share as a stock-based award of restricted stock units, linked to dividend equivalent rights on previously granted units.

What is the source of the new Kilroy Realty (KRC) restricted stock units granted to Stoneberg?

The new restricted stock units arise from dividend equivalent rights on earlier restricted stock unit awards. They were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement referenced in the filing footnote.

Is Peter B. Stoneberg’s Kilroy Realty (KRC) transaction an open-market buy or a compensation award?

The transaction is a compensation-related award, not an open-market buy. The Form 4 lists the code as a grant or other acquisition, describing restricted stock units issued for dividend equivalent rights under Kilroy Realty’s 2006 Incentive Award Plan.