Form 4: Kilroy Realty Corp Director Peter B. Stoneberg Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Peter B. Stoneberg reports acquisition and disposal of common stock due to dividend equivalent rights related to restricted stock units.

Summary

  • On January 8, 2025, Peter B. Stoneberg, a director of Kilroy Realty Corp, reported changes in beneficial ownership of the company's common stock.
  • Stoneberg acquired 281.3333 shares of common stock at a price of $0 due to dividend equivalent rights related to previously reported restricted stock units.
  • Following the transaction, Stoneberg beneficially owns 28,920.9544 shares of Kilroy Realty Corp.
  • The restricted stock units were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock ownership changes by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalent rights, which are common in equity compensation plans.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it relates to dividend equivalent rights and a director's stock ownership.

Key Dates

DateDescription
01/08/2025Date of transaction: acquisition of common stock due to dividend equivalent rights.
01/10/2025Date of signature for the report.

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.