Kilroy Realty (KRC) Form 4: Officer sold 6,250 shares at $38.28
Rhea-AI Filing Summary
Merryl Elizabeth Werber, identified as a director and an officer (SVP, CAO, Controller) of Kilroy Realty Corporation (NYSE: KRC), reported a sale of common stock. The transaction disposed of 6,250 shares at a weighted-average price of $38.2804 per share, executed on 08/13/2025. Following the reported sale, the filing states the reporting person beneficially owns 26,434.9709 shares. The filing includes a note that the reported price is a weighted average reflecting multiple trades at prices between $38.195 and $38.34, and that the reporting person will provide a breakdown of quantities at each price upon request.
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Insights
TL;DR: Officer sold 6,250 KRC shares at a weighted average of $38.2804, leaving ~26,435 shares beneficially owned.
This Form 4 reports an open-market disposition by an insider rather than option exercises or derivative activity. The filing documents a multi-trade sale with a disclosed price range and a consolidated weighted-average price, which supports transparency about execution. There is no accompanying information on the reason for the sale or any change to employment status; the transaction alone is routine insider activity and not presented as material corporate news.
TL;DR: Company officer and director reported a routine sale; disclosure provides weighted-average pricing and offers per-trade details on request.
The report identifies the reporting person as both a director and an officer and documents compliance with Section 16 reporting by disclosing the number of shares sold and post-transaction beneficial ownership. The explanatory footnote committing to provide per-trade quantities on request enhances record completeness. There are no indications in the filing of changes to board membership, officer roles, or plans that would alter governance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 6,250 | $38.2804 | $239K |
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.195 to $38.34 inclusive. The reporting person undertakes to provide to Kilroy Realty Corporation, any security holder of Kilroy Realty Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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