STOCK TITAN

Kilroy Realty (NYSE: KRC) EVP reports major RSU vesting and tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Kilroy Realty Corporation executive A. Robert Paratte, Executive Vice President and Chief Leasing Officer, reported multiple equity compensation transactions on February 5, 2026. He acquired 12,796 shares of common stock at $0 and exercised awards for an additional 82,897 shares, also at no cost.

To cover tax withholding, 40,094 common shares were tendered at $34.31. After these transactions, he beneficially owned 135,391.9682 common shares directly. He also received 53,883.4708 and 29,060.2374 restricted stock units tied to performance awards under the Kilroy Realty 2006 Incentive Award Plan.

The 2023 performance award units reflect additional vesting based on 2024 and 2025 performance, while the 2025 award represents the minimum units eligible to vest for a three-year period ending December 31, 2027, with up to an additional 58,120.47 units potentially vesting based on company performance and time-based vesting.

Positive

  • None.

Negative

  • None.
Insider Paratte A. Robert
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units 53,883.471 $0.00 --
Grant/Award Restricted Stock Units 29,060.237 $0.00 --
Exercise Restricted Stock Units 82,897 $0.00 --
Grant/Award Common stock, par value $0.01 per share 12,796 $0.00 --
Exercise Common stock, par value $0.01 per share 82,897 $0.00 --
Tax Withholding Common stock, par value $0.01 per share 40,094 $34.31 $1.38M
Holdings After Transaction: Restricted Stock Units — 113,545.056 shares (Direct); Common stock, par value $0.01 per share — 92,588.968 shares (Direct)
Footnotes (1)
  1. Award of restricted stock units granted pursuant to the 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. Restricted stock units tendered to pay tax withholding. 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 number of units that vested based on 2024 and 2025 performance. The reporting person was awarded performance units in 2025 covering a three-year performance period ending December 31, 2027. The number of units reported reflects the minimum number of units eligible to vest based on 2025 performance. The units remain subject to additional time-based vesting requirements. Up to an additional 58,120.47 units may vest for the three-year performance period based on the Issuer's performance for that three-year period. The performance units were awarded in 2023 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2026) was determined based on a three-year performance period ending December 31, 2025. The units are payable in shares of the Issuer's common stock.
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*
Paratte A. Robert

(Last) (First) (Middle)
C/O KILROY REALTY CORPORATION
12200 W. OLYMPIC BLVD., SUITE 200

(Street)
LOS ANGELES CA 90064

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KILROY REALTY CORP [ NYSE: KRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common stock, par value $0.01 per share(1) 02/05/2026 A 12,796 A $0 92,588.9682 D
Common stock, par value $0.01 per share 02/05/2026 M 82,897 A $0 175,485.9682 D
Common stock, par value $0.01 per share(2) 02/05/2026 F 40,094 D $34.31 135,391.9682 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) 02/05/2026 A 53,883.4708 (4) (4) Common Stock 53,883.4708 $0 113,545.0563 D
Restricted Stock Units (3) 02/05/2026 A 29,060.2374 (5) (5) Common Stock 29,060.2374 $0 142,605.2937 D
Restricted Stock Units (3) 02/05/2026 M 82,897 (6) (6) Common Stock 82,897 $0 59,708.2937 D
Explanation of Responses:
1. Award of restricted stock units granted pursuant to the 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.
2. Restricted stock units tendered to pay tax withholding.
3. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
4. 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 number of units that vested based on 2024 and 2025 performance.
5. The reporting person was awarded performance units in 2025 covering a three-year performance period ending December 31, 2027. The number of units reported reflects the minimum number of units eligible to vest based on 2025 performance. The units remain subject to additional time-based vesting requirements. Up to an additional 58,120.47 units may vest for the three-year performance period based on the Issuer's performance for that three-year period.
6. The performance units were awarded in 2023 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2026) was determined based on a three-year performance period ending December 31, 2025. The units are payable in shares of the Issuer's common stock.
Remarks:
Executive Vice President, Chief Leasing Officer
/s/ Heidi R. Roth, as attorney-in-fact for A. Robert Paratte 02/09/2026
** 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.

FAQ

What insider transaction did KRC executive A. Robert Paratte report?

A. Robert Paratte reported equity compensation activity, including free acquisition of common shares and restricted stock units. He received 12,796 common shares and exercised awards for 82,897 shares, with part of the resulting stock withheld to satisfy tax obligations at a stated share price.

How many Kilroy Realty (KRC) common shares does A. Robert Paratte now hold?

After the reported transactions, A. Robert Paratte beneficially owned 135,391.9682 shares of Kilroy Realty common stock directly. This figure reflects new share acquisitions, exercises of equity awards at no cost, and 40,094 shares tendered to cover tax withholding at a specified market price.

What restricted stock units did the KRC executive receive on February 5, 2026?

On February 5, 2026, the executive received two restricted stock unit grants: 53,883.4708 units and 29,060.2374 units. Each unit represents a contingent right to one Kilroy Realty common share and carries dividend equivalents tied to the underlying stock under the company’s 2006 Incentive Award Plan.

How are the Kilroy Realty (KRC) performance units structured for the executive?

Performance units awarded in 2023 cover a three-year period ending December 31, 2025, with reported units reflecting vesting from 2023–2025 performance. A 2025 award covers a three-year period ending December 31, 2027, with the reported amount as the minimum eligible to vest, subject to additional time-based conditions.

Were any Kilroy Realty (KRC) shares used to pay taxes in this Form 4?

Yes. The filing states that certain restricted stock units were tendered to pay tax withholding. Specifically, 40,094 common shares were disposed of at a price of $34.31 per share, reducing the net shares retained while satisfying the executive’s tax obligations related to the equity awards.

What is the potential additional vesting from the 2025 Kilroy Realty performance units?

The 2025 performance unit award currently reflects the minimum number of units eligible to vest based on 2025 performance. The filing notes that up to an additional 58,120.47 units may vest over the three-year performance period, depending on Kilroy Realty’s performance and required time-based vesting.

What officer role does the reporting person hold at Kilroy Realty (KRC)?

The reporting person, A. Robert Paratte, serves as Executive Vice President and Chief Leasing Officer of Kilroy Realty. His Form 4 reflects equity awards and related share movements associated with his executive compensation, including performance-based restricted stock units and shares withheld for tax obligations.