Kilroy Realty director awarded 601-share RSU dividend grant

Stevenson Gary R. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Stevenson Gary R. reported acquisition or exercise transactions in this Form 4 filing.

Kilroy Realty Corp director Gary R. Stevenson received a grant of 601.2823 shares of common stock on July 8, 2026. The award represents restricted stock units credited as dividend equivalent rights on previously granted restricted stock units under the Kilroy Realty 2006 Incentive Award Plan. Following this grant, he directly holds 43,292.3252 shares of common stock.

Insights

Equity compensation analyst

Director received routine dividend-equivalent RSU credit; no open-market buying or selling.

The Form 4 shows Gary R. Stevenson, a director of Kilroy Realty Corp, acquiring 601.2823 common shares at a per-share price of $0.0000. This is coded as a grant/award rather than a market transaction.

A footnote explains the grant reflects restricted stock units credited as dividend equivalent rights on earlier RSU awards under the Kilroy Realty 2006 Incentive Award Plan. After this grant, Stevenson directly holds 43,292.3252 shares, indicating he retains a meaningful equity position aligned with shareholders.

Insider Trade Summary

Grant/Award: 601.2823 shares

Grant/Award 1 txn

Insider Stevenson Gary R.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, par value $0.01 per share F1	601.2823	$0.00	$0.00

Holdings After Transaction: Common stock, par value $0.01 per share — 43,292.3252 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares granted: 601.2823 shares Grant price per share: $0.0000 Total shares after transaction: 43,292.3252 shares +2 more

5 metrics

Shares granted 601.2823 shares Restricted stock unit grant as dividend equivalent rights on July 8, 2026

Grant price per share $0.0000 Stated transaction price for the RSU dividend-equivalent grant

Total shares after transaction 43,292.3252 shares Director’s direct holdings following the July 8, 2026 grant

Transaction code A Code A indicates a grant, award, or other acquisition of securities

Transaction date July 8, 2026 Date the restricted stock unit dividend-equivalent grant was credited

Key Terms

restricted stock units, dividend equivalent rights, 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"

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.

Incentive Award Plan financial

"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Kilroy Realty Corp (KRC) director Gary R. Stevenson report?

Gary R. Stevenson reported an acquisition of 601.2823 shares of Kilroy Realty Corp common stock on July 8, 2026. The shares were granted as restricted stock units credited as dividend equivalent rights, not purchased in the open market.

Was the KRC Form 4 transaction an open-market trade by Gary R. Stevenson?

No. The Form 4 shows a grant/award acquisition of 601.2823 shares at $0.0000 per share. A footnote clarifies the award is restricted stock units for dividend equivalent rights on prior RSU grants, not an open-market buy or sell.

How many Kilroy Realty Corp (KRC) shares does Gary R. Stevenson hold after this Form 4?

After the July 8, 2026 grant, Gary R. Stevenson directly holds 43,292.3252 shares of Kilroy Realty Corp common stock. This total includes the newly awarded 601.2823 restricted stock units credited as dividend equivalent rights.

What is the size of the restricted stock unit grant reported by KRC director Gary R. Stevenson?

The grant totals 601.2823 shares of Kilroy Realty Corp common stock. These units were issued at a stated price of $0.0000 per share as dividend-equivalent restricted stock units tied to earlier RSU awards.

What does the footnote on Gary R. Stevenson’s KRC Form 4 explain about the grant?

The footnote states the grant consists of restricted stock units issued for dividend equivalent rights on underlying RSU awards previously reported, granted under the Kilroy Realty 2006 Incentive Award Plan and the related award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/10/2026 - 05:41 PM Learn about SEC filing dates

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^*

Stevenson Gary R.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share(1)	07/08/2026		A		601.2823	A	$0	43,292.3252	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

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:

Exhibit 24 - Power of Attorney for Gary R. Stevenson

	/s/ Lauren N. Stadler, as attorney-in-fact for Gary R. Stevenson	07/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)