[Form 4] Kite Realty Group Trust Insider Trading Activity

Rhea-AI Filing Summary

On July 9, 2025, Kite Realty Group Trust (NYSE: KRG) submitted a Form 4 reporting that director Victor J. Coleman acquired 524 common share units on July 1, 2025. The units were recorded at a price of $0, indicating a routine equity grant awarded as part of director compensation. After the transaction, Coleman’s direct ownership stands at 96,425 KRG shares. No derivative securities were involved, and there is no indication of open-market buying or selling. The filing reflects a modest, non-cash increase in insider holdings and is not likely to materially affect Kite Realty Group’s share structure or market outlook.

Positive

• Director acquired 524 additional shares via equity grant, modestly increasing insider alignment with shareholders

Negative

• None.

Insights

Securities Analyst

TL;DR Small director grant; neutral impact on valuation or liquidity.

The reported 524-share grant is a standard component of director compensation and represents a negligible fraction of Kite Realty Group’s outstanding shares. Because the shares were issued at $0, there is no cash inflow or outflow, and the dilution effect is immaterial. Insider acquisitions can be viewed as alignment of interests, but the size here is too small to influence sentiment or financial metrics. Overall, I classify the filing as routine with no meaningful impact on the investment thesis.

Corporate Governance Expert

TL;DR Routine equity grant signals continued board engagement; governance status unchanged.

Form 4 shows director Victor J. Coleman accepting share units in lieu of cash, a common governance practice that helps align board incentives with shareholders. The grant keeps Coleman’s stake under 100k shares, maintaining an ownership position that encourages oversight without conferring outsized control. No red flags appear regarding trading plans, 10b5-1 usage, or group filings. Consequently, the governance profile of KRG remains steady, and investors should interpret this as neutral information.

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^*

COLEMAN VICTOR J

(Last) (First) (Middle)

C/O KITE REALTY GROUP TRUST 30 S MERIDIA

SUITE 1100

(Street)

INDIANAPOLIS IN 46204

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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

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

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

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	07/01/2025		A		524(1)	A	$0	96,425	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. Represents share units granted

Remarks:

	/s/ John A. Kite, Attorney-in-Fact	07/09/2025
	** 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.

FAQ

How many KRG shares did director Victor J. Coleman acquire?

He was granted 524 common share units on July 1, 2025.

What is Victor J. Coleman’s total direct ownership after this transaction?

Following the grant, he directly owns 96,425 KRG shares.

Did the Form 4 report any derivative security activity?

No, no derivative securities (options, warrants, etc.) were reported.

Was the transaction an open-market purchase?

No, the shares were granted at $0, indicating an equity award rather than a market purchase.

Does this insider transaction materially impact Kite Realty Group’s share count?

The 524-share grant is immaterial relative to KRG’s total shares outstanding, so no material impact is expected.