Kilroy Realty (NYSE: KRC) EVP Eliott Trencher gains RSUs, stock via vesting

Rhea-AI Filing Summary

Kilroy Realty EVP and Chief Investment Officer Eliott Trencher reported multiple stock-based compensation transactions on February 5, 2026. He received two awards of restricted stock units (RSUs) totaling about 60,600 units, tied to the company’s long-term incentive plan and performance periods through 2027.

He also had 58,515 RSUs convert into common stock, increasing his directly held common shares, and 27,125 shares were withheld at $34.31 per share to cover taxes. After these transactions, he directly held about 82,879 common shares and 104,877 RSUs, aligning his compensation with Kilroy Realty’s future performance.

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^*

Trencher Eliott

(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)
	EVP, Chief Investment Officer

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		10,930	A	$0	51,489.2918	D
Common stock, par value $0.01 per share	02/05/2026		M		58,515	A	$0	110,004.2918	D
Common stock, par value $0.01 per share(2)	02/05/2026		F		27,125	D	$34.31	82,879.2918	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		38,035.2547		(4)	(4)	Common Stock	38,035.2547	$0	82,312.3346	D
Restricted Stock Units	(3)	02/05/2026		A		22,564.3915		(5)	(5)	Common Stock	22,564.3915	$0	104,876.7261	D
Restricted Stock Units	(3)	02/05/2026		M			58,515	(6)	(6)	Common Stock	58,515	$0	46,361.7261	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 45,128.78 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:

	/s/ Heidi R. Roth, as attorney-in-fact for Eliott Trencher	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 EVP Eliott Trencher report on February 5, 2026?

Eliott Trencher reported equity compensation activity, including RSU grants, RSU vesting into common stock, and shares withheld for taxes. These transactions reflect routine long-term incentive awards and performance-based vesting rather than open-market buying or selling of Kilroy Realty common stock.

How many restricted stock units did KRC executive Eliott Trencher receive?

Trencher received two RSU awards totaling about 60,600 units. One grant was approximately 38,035.25 units linked to a 2023–2025 performance period, and another was about 22,564.39 units tied to a 2025–2027 performance period under Kilroy Realty’s incentive plan.

Did Eliott Trencher of Kilroy Realty buy or sell KRC shares in the open market?

The reported transactions do not show open-market trades. Common shares were acquired through RSU vesting, and some shares were withheld to cover taxes. All prices reported as $0 relate to equity awards and conversions, not discretionary market purchases or sales of KRC stock.

How many Kilroy Realty common shares does Eliott Trencher own after these transactions?

After the February 5, 2026 activity, Trencher directly held about 82,879 common shares. This reflects RSUs that vested into shares and shares withheld for taxes, as reported in the non-derivative section of the Form 4 filing for Kilroy Realty.

What performance conditions apply to Eliott Trencher’s new KRC RSU awards?

The RSU awards are tied to multi-year performance periods. One grant reflects additional units vesting based on 2024–2025 performance, while another represents minimum units eligible to vest through 2027. Some units also remain subject to continued service-based vesting conditions.

Why were 27,125 shares of KRC common stock withheld in Eliott Trencher’s Form 4?

The 27,125 withheld common shares were used to pay tax withholding. These shares came from vested restricted stock units and were withheld at a reported price of $34.31 per share, a common practice when equity awards settle into stock.