FMR discloses 4.2% Kilroy Realty (NYSE: KRC) ownership in 13G/A
Rhea-AI Filing Summary
FMR LLC has filed an amended Schedule 13G reporting its beneficial ownership in Kilroy Realty Corp. FMR and Abigail P. Johnson each report beneficial ownership of 4,969,074.46 shares of Kilroy Realty common stock, representing 4.2% of the outstanding class as of the event date. FMR has sole voting power over 4,874,776.81 shares and sole dispositive power over 4,969,074.46 shares. The filing states the shares were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of Kilroy Realty.
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FAQ
What percentage of Kilroy Realty Corp (KRC) does FMR LLC currently beneficially own?
FMR LLC reports beneficial ownership of 4.2% of Kilroy Realty Corp’s common stock. This corresponds to 4,969,074.46 shares, as disclosed in the Schedule 13G/A, based on the total outstanding shares of the company’s common stock on the relevant event date.
Who are the reporting persons in the Kilroy Realty Corp (KRC) Schedule 13G/A filing?
The Schedule 13G/A identifies FMR LLC and Abigail P. Johnson as reporting persons. Each reports beneficial ownership of 4,969,074.46 shares, or 4.2% of Kilroy Realty’s common stock, with dispositive power but no shared voting authority disclosed.
Does FMR LLC state any intent to influence control of Kilroy Realty Corp (KRC)?
The filing states the securities were acquired and are held in the ordinary course of business. It certifies they were not acquired and are not held for the purpose or effect of changing or influencing the control of Kilroy Realty Corp.
What does Item 5 indicate about FMR LLC’s ownership level in Kilroy Realty Corp (KRC)?
Item 5 notes ownership of 5 percent or less of a class. FMR LLC’s reported beneficial ownership of 4.2% of Kilroy Realty’s common stock confirms its position is below the 5% threshold that typically triggers initial Schedule 13D or 13G reporting.
Are other parties entitled to dividends or sale proceeds from FMR’s Kilroy Realty Corp (KRC) shares?
Item 6 explains that one or more other persons are known to have the right to receive, or direct the receipt of, dividends or sale proceeds from the Kilroy Realty common stock, but no single such person holds more than five percent of the class.