Kilroy Realty (KRC) director awarded RSU dividend equivalents, now holds 3,285 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kilroy Realty Corp director David Andrew Kieske reported an equity award tied to prior grants. On April 8, 2026, he acquired 61.4312 shares of common stock at a reported price of $0.00 per share. These shares reflect restricted stock units credited as dividend equivalent rights on previously granted awards under the Kilroy Realty 2006 Incentive Award Plan. Following this transaction, Kieske directly holds 3,285.4312 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KIESKE DAVID ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 61.431 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 3,285.431 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 61.4312 shares
Price per share: $0.00 per share
Total direct holdings: 3,285.4312 shares
+2 more
5 metrics
Shares granted
61.4312 shares
Restricted stock units as dividend equivalent rights on 2026-04-08
Price per share
$0.00 per share
Reported transaction price for granted RSUs
Total direct holdings
3,285.4312 shares
Common stock directly held after the transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Transaction date
April 8, 2026
Date of RSU dividend equivalent 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
"restricted stock units in respect of dividend equivalent rights with respect to underlying"
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 did Kilroy Realty (KRC) director David Andrew Kieske report in this Form 4?
Director David Andrew Kieske reported receiving 61.4312 shares of Kilroy Realty common stock. These shares arise from restricted stock units credited as dividend equivalent rights on earlier equity awards granted under the Kilroy Realty 2006 Incentive Award Plan.
What is the nature of the equity award reported for Kilroy Realty (KRC) director Kieske?
The award is a grant of restricted stock units credited as dividend equivalent rights. It relates to underlying restricted stock unit awards previously reported and granted under the Kilroy Realty 2006 Incentive Award Plan and associated award agreements, according to the Form 4 footnote.