Kilroy Realty (NYSE: KRC) SVP gets dividend-linked stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jalan Chandni reported acquisition or exercise transactions in this Form 4 filing.
Kilroy Realty Corp senior vice president and chief accounting officer Chandni Jalan received an award of 111.0868 shares of common stock on April 8, 2026. These are restricted stock units granted as dividend equivalent rights tied to previously reported restricted stock unit awards under the Kilroy Realty 2006 Incentive Award Plan.
After this grant, Jalan directly holds a total of 5,941.0868 shares of common stock, reflecting compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jalan Chandni
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 111.087 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 5,941.087 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock unit grant: 111.0868 shares
Total shares after grant: 5,941.0868 shares
Par value per share: $0.01 per share
3 metrics
Restricted stock unit grant
111.0868 shares
Dividend equivalent restricted stock units granted April 8, 2026
Total shares after grant
5,941.0868 shares
Common stock directly held by Chandni Jalan after April 8, 2026 grant
Par value per share
$0.01 per share
Par value of KILROY REALTY CORP common stock
Key Terms
restricted stock units, dividend equivalent rights, Kilroy Realty 2006 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
"restricted stock units 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.
Kilroy Realty 2006 Incentive Award Plan financial
"granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement"
FAQ
What insider transaction did KILROY REALTY CORP (KRC) report for Chandni Jalan?
KILROY REALTY CORP reported that SVP and Chief Accounting Officer Chandni Jalan received 111.0868 restricted stock units on April 8, 2026. The award reflects dividend equivalent rights attached to earlier restricted stock unit grants under the company’s 2006 Incentive Award Plan.
What is the nature of the restricted stock units granted to Chandni Jalan at KRC?
The 111.0868 units are restricted stock units granted as dividend equivalent rights linked to underlying restricted stock unit awards. They arise under the Kilroy Realty 2006 Incentive Award Plan and the applicable award agreement, reinforcing equity-based compensation for the executive.
Does the KRC Form 4 indicate any derivative securities for Chandni Jalan?
The filing’s derivative summary is empty, indicating no derivative security transactions reported in this Form 4. The only activity disclosed is the grant of 111.0868 restricted stock units of common stock as dividend equivalents under the existing equity incentive plan.