[Form 4] KILROY REALTY CORP Insider Trading Activity

Rhea-AI Filing Summary

Kilroy Realty Corporation insider A. Robert Paratte, Executive Vice President and Chief Leasing Officer, reported acquisitions of company equity on 10/08/2025. The filing shows 333.886 shares of common stock were acquired at a price of $0, bringing the reporting person’s total direct beneficial ownership to 84,394.7452 shares. The filing also records the crediting of restricted stock units (RSUs) for dividend equivalents: 368.3971 and 389.1326 RSUs were added, each representing a contingent right to one share, increasing underlying derivative holdings to 368.3971 and 389.1326 shares respectively. The RSUs relate to performance awards covering multi-year performance periods ending 12/31/2025 and 12/31/2026, and remain subject to time-based vesting.

Positive

• Alignment with shareholders via crediting of RSUs tied to performance periods ending 12/31/2025 and 12/31/2026
• Increased direct stake from acquisition of 333.886 common shares, bringing direct beneficial ownership to 84,394.7452 shares
• Dividend-equivalent crediting strengthened incentives without immediate cash payout (RSUs granted at $0 price)

Negative

• None.

Insights

Compensation & Corporate Governance Analyst

TL;DR: Insider received dividend-equivalent RSUs and a small direct share grant, preserving long-term alignment.

The transaction consists of a direct acquisition of 333.886 common shares and the crediting of 757.5297 restricted stock units across two awards, each representing one share at settlement. These RSUs were credited as dividend equivalents to previously granted performance and time-based awards, which remain subject to their stated vesting schedules through 12/31/2026.

The arrangement keeps compensation tied to future performance and service: the 2023 award covers a performance period ending 12/31/2025 while the 2024 award ends 12/31/2026. Monitor vesting milestones and final performance outcomes at the end of those periods for potential additional share settlement over the indicated timelines.

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)
10/08/2025

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)	10/08/2025		A		333.886	A	$0	84,394.7452	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(2)	(3)	10/08/2025		A		368.3971		(4)	(4)	Common Stock	368.3971	$0	58,459.7068	D
Restricted Stock Units(2)	(3)	10/08/2025		A		389.1326		(5)	(5)	Common Stock	389.1326	$0	58,848.8394	D

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 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 and 2024 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 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 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 Paratte	10/10/2025
	** 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 did Kilroy Realty (KRC) insider A. Robert Paratte acquire on 10/08/2025?

The reporting person acquired 333.886 shares of common stock and was credited with 368.3971 and 389.1326 restricted stock units on 10/08/2025.

How many shares does A. Robert Paratte beneficially own after the reported transactions?

The filing reports total direct beneficial ownership of 84,394.7452 shares following the transactions.

Are the restricted stock units immediately vested and tradable?

No. The RSUs represent contingent rights to one share each and remain subject to additional time-based vesting and performance conditions through the award periods ending 12/31/2025 and 12/31/2026.

What awards do the credited RSUs relate to?

They relate to performance unit awards granted under the Kilroy Realty 2006 Incentive Award Plan and the applicable award agreements, credited as dividend equivalents to previously reported awards.

What was the reported price paid for the acquired common stock?

The common stock acquisition is reported at a price of $0 in the filing.