Kilroy Realty (KRC) director receives 4,339 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARTER DARYL J reported acquisition or exercise transactions in this Form 4 filing.
Kilroy Realty Corp director Daryl J. Carter received an equity award rather than buying shares on the market. He was granted 4,339 shares of common stock as restricted stock units at no cash cost to him under the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit includes the right to receive dividend equivalents tied to the underlying share. After this grant, Carter directly holds a total of 17,271.4867 shares of Kilroy Realty common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARTER DARYL J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 4,339 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 17,271.487 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,339 shares
Grant price: $0.00 per share
Holdings after grant: 17,271.4867 shares
3 metrics
RSUs granted
4,339 shares
Restricted stock unit award on May 19, 2026
Grant price
$0.00 per share
Reported transaction price for RSU grant
Holdings after grant
17,271.4867 shares
Total direct common stock held by Carter after transaction
Key Terms
restricted stock units, dividend equivalents, Incentive Award Plan
3 terms
restricted stock units financial
"Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan."
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 equivalents financial
"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."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
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 Kilroy Realty (KRC) director Daryl J. Carter report on this Form 4?
Daryl J. Carter reported receiving an equity award, not a market purchase. He was granted 4,339 restricted stock units of Kilroy Realty common stock, increasing his direct holdings to 17,271.4867 shares after the transaction.
What is the total Kilroy Realty (KRC) stake Daryl J. Carter holds after this award?
Following the grant, Carter directly holds 17,271.4867 shares of Kilroy Realty common stock. This total includes the 4,339 restricted stock units awarded in the reported transaction on May 19, 2026.
Do the Kilroy Realty (KRC) restricted stock units include dividend rights?
Yes, each restricted stock unit carries a right to receive dividend equivalents. Those dividend equivalents correspond to the dividends paid on the share of Kilroy Realty common stock underlying each restricted stock unit.