Form 4: Kilroy Realty Corp Director Gary R. Stevenson Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Gary R. Stevenson reports the acquisition of dividend equivalent rights related to previously reported restricted stock units.
Summary
- On April 10, 2024, Gary R. Stevenson, a director of Kilroy Realty Corporation, acquired 406.6684 shares of common stock due to dividend equivalent rights.
- These rights are associated with underlying restricted stock unit awards previously reported on Table I.
- Following the transaction, Stevenson beneficially owns 25,439.3688 shares of Kilroy Realty Corp common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to stock ownership. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 04/12/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.