STOCK TITAN

Kilroy Realty (NYSE: KRC) executive receives new RSU and stock awards

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

Rhea-AI Filing Summary

Paratte A. Robert reported acquisition or exercise transactions in this Form 4 filing.

Kilroy Realty Corp executive A. Robert Paratte reported equity awards tied to dividend equivalents. On April 8, 2026, he received 583.9648 restricted stock units and 553.7236 restricted stock units credited as dividend equivalent rights on prior RSU awards.

He was also granted 494.4433 shares of common stock at no cash cost, reflecting additional units from dividend equivalents on performance-based awards. After these awards, his reported direct common stock holdings rose to 135,886.4115 shares, and his RSU balances increased, all subject to existing performance and time-based vesting terms.

Positive

  • None.

Negative

  • None.
Insider Paratte A. Robert
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units 583.965 $0.00 --
Grant/Award Restricted Stock Units 553.724 $0.00 --
Grant/Award Common stock, par value $0.01 per share 494.443 $0.00 --
Holdings After Transaction: Restricted Stock Units — 60,292.259 shares (Direct); Common stock, par value $0.01 per share — 135,886.412 shares (Direct)
Footnotes (1)
  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. 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 2024 covering a three-year performance period ending December 31, 2026. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2024 and 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. 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.
RSU grant 1 583.9648 units Restricted stock units credited April 8, 2026
RSU grant 2 553.7236 units Restricted stock units credited April 8, 2026
Common stock award 494.4433 shares Common stock granted at $0.00 per share
Common shares after award 135,886.4115 shares Direct holdings following April 8, 2026 awards
RSU balance after grant 1 60,292.2585 units RSUs following first April 8, 2026 transaction
RSU balance after grant 2 60,845.9821 units RSUs following second April 8, 2026 transaction
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.
performance units financial
"The reporting person was awarded performance units in 2024 covering a three-year performance period"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
time-based vesting requirements financial
"The units remain subject to additional time-based vesting requirements."
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.
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*
Paratte A. Robert

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
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)04/08/2026A494.4433A$0135,886.4115D
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
Restricted Stock Units(2)(3)04/08/2026A583.9648 (4) (4)Common Stock583.9648$060,292.2585D
Restricted Stock Units(2)(3)04/08/2026A553.7236 (5) (5)Common Stock553.7236$060,845.9821D
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.
2. 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.
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 2024 covering a three-year performance period ending December 31, 2026. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2024 and 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.
5. 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.
Remarks:
Executive Vice President, Chief Leasing Officer
/s/ Heidi R. Roth, as attorney-in-fact for A. Robert Paratte04/10/2026
** 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 transactions did KRC executive A. Robert Paratte report?

A. Robert Paratte reported receiving equity awards, not open-market trades. He acquired restricted stock units and common shares credited as dividend equivalent rights on existing awards, all at a stated price of $0.00 per share under Kilroy Realty’s 2006 Incentive Award Plan.

How many restricted stock units did the KRC executive receive in this Form 4?

He received two batches of restricted stock units, totaling 1,137.6884 units. One grant covered 583.9648 units and another 553.7236 units, each representing a contingent right to receive one share of Kilroy Realty common stock if vesting conditions are met.

Did the KRC insider buy or sell shares on the open market?

The filing shows no open-market buying or selling. All reported transactions are coded as awards (code A), representing grants or credits of restricted stock units and common shares at $0.00 per share, tied to dividend equivalent rights on prior equity awards.

What are dividend equivalent rights in this KRC Form 4 filing?

Dividend equivalent rights credit additional restricted stock units when dividends are paid on common stock. In this case, they increased the minimum number of units eligible to vest on prior RSU and performance unit awards, while those units remain subject to performance and time-based vesting conditions.

How many KRC common shares does the insider hold after these awards?

Following the reported awards, A. Robert Paratte directly holds 135,886.4115 shares of Kilroy Realty common stock. This figure reflects his post-transaction position as disclosed, incorporating the 494.4433 newly awarded shares credited from dividend equivalent rights.