Kite Realty (NYSE: KRG) director Steven Grimes receives 4,958-share award

Rhea-AI Filing Summary

Kite Realty Group Trust director Steven P. Grimes received an award of 4,958 Common Shares on May 14, 2026 at no stated price, described as a grant or award acquisition. Following this award, he directly holds 702,306 Common Shares, including 311 shares acquired through the company’s Dividend Reinvestment and Share Purchase Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Grimes Steven P

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	4,958	$0.00	--

Holdings After Transaction: Common Shares — 702,306 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Share award: 4,958 shares Award price: $0.0000 per share Total holdings after: 702,306 shares +1 more

4 metrics

Share award 4,958 shares Grant or award of Common Shares on May 14, 2026

Award price $0.0000 per share Reported transaction price for the grant

Total holdings after 702,306 shares Common Shares held directly after the award

Dividend reinvestment shares 311 shares Acquired via Dividend Reinvestment and Share Purchase Plan

Key Terms

Grant, award, or other acquisition, Dividend Reinvestment and Share Purchase Plan, Common Shares, direct ownership

4 terms

Grant, award, or other acquisition financial

"The transaction code description is "Grant, award, or other acquisition" for the 4,958-share entry."

Dividend Reinvestment and Share Purchase Plan financial

"Includes 311 shares acquired pursuant to the Kite Realty Group Trust Dividend Reinvestment and Share Purchase Plan."

A dividend reinvestment and share purchase plan lets shareholders automatically use cash dividends to buy additional shares and often make optional extra purchases directly from the company, sometimes at a reduced fee or price. For investors this acts like an automatic savings program that compounds returns over time, increases ownership without active trading, and changes cash income into growing stock exposure, which can affect portfolio income and voting stakes.

Common Shares financial

"The filing reports a non-derivative transaction in Common Shares on May 14, 2026."

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

direct ownership financial

"The ownership type for the awarded shares is reported as direct ownership, coded "D"."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grimes Steven P

(Last) (First) (Middle)

30 SOUTH MERIDIAN ST.

SUITE 1100

(Street)

INDIANAPOLIS INDIANA 46204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
KITE REALTY GROUP TRUST [ KRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/14/2026		A		4,958	A	$0	702,306(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 311 shares acquired pursuant to the Kite Realty Group Trust Dividend Reinvestment and Share Purchase Plan.

Remarks:

	/s/ John A. Kite, Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did KRG director Steven P. Grimes report in this Form 4 filing?

Steven P. Grimes reported receiving an award of 4,958 Common Shares of Kite Realty Group Trust. The transaction is coded as a grant or award acquisition and reflects additional compensation in equity rather than a market purchase or sale.

How many Kite Realty (KRG) shares does Steven P. Grimes hold after this transaction?

After the reported award, Steven P. Grimes directly holds 702,306 Common Shares of Kite Realty Group Trust. This total includes his existing holdings plus the 4,958-share grant, and also counts 311 shares acquired through the company’s Dividend Reinvestment and Share Purchase Plan.

Was the KRG Form 4 transaction a stock purchase or sale on the open market?

The Form 4 shows a grant or award acquisition, not an open-market trade. The transaction code is “A,” indicating shares were awarded at a reported price of $0.0000 per share, rather than bought or sold on a stock exchange.

What does the dividend reinvestment reference mean in the KRG Form 4 footnote?

The footnote explains that 311 shares are included in Grimes’s holdings from the Kite Realty Group Trust Dividend Reinvestment and Share Purchase Plan. This program automatically uses cash dividends to buy additional shares instead of paying dividends in cash.

Does this KRG Form 4 indicate any derivative or option exercises by Steven P. Grimes?

No derivative or option exercises are shown in this Form 4. The filing reports only a non-derivative acquisition of 4,958 Common Shares as a grant or award, with no separate derivative positions listed in the derivative transaction summary.

How is the ownership of the awarded KRG shares classified for Steven P. Grimes?

The awarded 4,958 Common Shares are reported as direct ownership, coded “D” in the filing. This means the shares are held directly in his name, rather than indirectly through a trust, partnership, or other related entity.