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

Director Peter B. Stoneberg reports changes in beneficial ownership of Kilroy Realty Corp stock due to the grant of restricted stock units.

Summary

• On April 10, 2024, Peter B. Stoneberg, a director of Kilroy Realty Corp, reported changes in his beneficial ownership of the company's stock.
• The changes involve the acquisition of 230.5448 shares of common stock through the grant of restricted stock units.
• These restricted stock units are in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported.
• Following the transaction, Stoneberg beneficially owns 23,748.4698 shares of Kilroy Realty Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral informational filing. It doesn't indicate positive or negative sentiment, just a routine disclosure of stock ownership changes.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates