Kilroy Realty Corp (NYSE: KRC) director granted additional RSUs from dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kilroy Realty Corp director Jolie A. Hunt reported an acquisition of 61.1127 shares of common stock on July 8, 2026. The shares were granted as restricted stock units in respect of dividend equivalent rights tied to previously granted restricted stock unit awards under the Kilroy Realty 2006 Incentive Award Plan. Following this grant, Hunt directly holds 13,953.5631 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hunt Jolie A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 61.113 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 13,953.563 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 61.1127 shares
Grant price: $0.0000 per share
Post-transaction holdings: 13,953.5631 shares
+1 more
4 metrics
Shares granted
61.1127 shares
Restricted stock units granted on July 8, 2026 for dividend equivalent rights
Grant price
$0.0000 per share
Reported transaction price per share for the RSU dividend equivalent grant
Post-transaction holdings
13,953.5631 shares
Total common shares directly held by Jolie A. Hunt after the grant
Transaction date
July 8, 2026
Date of the restricted stock unit dividend equivalent grant
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 stock unit awards"
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"
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
What did KRC director Jolie A. Hunt report in this Form 4?
Jolie A. Hunt reported a grant of 61.1127 shares of Kilroy Realty Corp common stock. The grant came as restricted stock units related to dividend equivalent rights on prior RSU awards.
When did the reported KRC stock transaction by Jolie A. Hunt occur?
The reported transaction occurred on July 8, 2026. On that date, Jolie A. Hunt received additional restricted stock units credited for dividend equivalent rights on earlier RSU grants.