Kilroy Realty (NYSE: KRC) CEO granted new stock and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kilroy Realty Corp’s Chief Executive Officer Angela M. Aman reported routine equity compensation entries. On April 8, 2026, she acquired 701.3236 restricted stock units and 1,456.0423 shares of common stock at no cost, reflecting dividend-equivalent credits on previously granted awards under the Kilroy Realty 2006 Incentive Award Plan.
Each restricted stock unit represents a contingent right to receive one share of common stock and remains subject to additional time-based vesting requirements tied to a performance award covering a three-year period ending December 31, 2026. After these entries, she holds 151,846.7850 common shares directly and 2,797 shares indirectly through a revocable family trust, plus 79,887.1064 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Aman Angela M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 701.324 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.01 per share | 1,456.042 | $0.00 | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 79,887.106 shares (Direct);
Common stock, par value $0.01 per share — 151,846.785 shares (Direct);
Common stock, par value $0.01 per share — 2,797 shares (Indirect, BY REVOCABLE FAMILY TRUST)
Footnotes (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. 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. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. 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 and 2025 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.
Key Figures
RSUs granted: 701.3236 units
Common shares granted: 1,456.0423 shares
Direct common holdings: 151,846.7850 shares
+4 more
7 metrics
RSUs granted
701.3236 units
Restricted stock units credited on April 8, 2026
Common shares granted
1,456.0423 shares
Common stock credited on April 8, 2026
Direct common holdings
151,846.7850 shares
Direct ownership after reported transactions
Indirect common holdings
2,797 shares
Held by revocable family trust after transactions
RSU balance
79,887.1064 units
Restricted stock units following the grant
Transaction price
$0.0000 per share
Grant/award acquisition entries on April 8, 2026
Performance period end
December 31, 2026
Three-year performance award period for units
Key Terms
restricted stock units, dividend equivalent rights, Kilroy Realty 2006 Incentive Award Plan, performance units, +1 more
5 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
"restricted stock units in respect of dividend equivalent rights with respect to underlying"
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.
Kilroy Realty 2006 Incentive Award Plan financial
"which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan"
performance units financial
"The reporting person was awarded performance units in 2024 covering a three-year performance period"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
revocable family trust financial
"nature_of_ownership: BY REVOCABLE FAMILY TRUST"
FAQ
What did KRC CEO Angela M. Aman report in this Form 4 filing?
Angela M. Aman reported routine equity awards, not open-market trades. She received 701.3236 restricted stock units and 1,456.0423 common shares as dividend-equivalent credits tied to earlier awards under the Kilroy Realty 2006 Incentive Award Plan.
Are the new KRC restricted stock units received by the CEO fully vested?
No, the restricted stock units are not fully vested. They relate to a 2024 performance award covering a three-year period ending December 31, 2026 and remain subject to additional time-based vesting requirements before shares can ultimately be delivered.
What does each KRC restricted stock unit granted to the CEO represent?
Each restricted stock unit represents a contingent right to receive one share of Kilroy Realty common stock. Delivery depends on satisfying the performance-award framework and remaining time-based vesting conditions tied to the three-year performance period ending December 31, 2026.