Kilroy Realty (NYSE: KRC) director awarded new RSUs on dividend equivalents
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
RSUs granted: 388.476 shares
Price per share for grant: $0.0000 per share
Shares held after transaction: 34,977.9185 shares
3 metrics
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
Key Terms
restricted stock units, dividend equivalent rights, Kilroy Realty 2006 Incentive Award Plan
3 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.
Kilroy Realty 2006 Incentive Award Plan financial
"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms"
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.
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.