Form 4: Kilroy Realty Corp Director Scott S. Ingraham Reports Changes in Beneficial Ownership
SEC Form 4
Director Scott S. Ingraham reports acquisition and disposal of Kilroy Realty Corp common stock due to dividend equivalent rights.
Summary
- On April 10, 2024, Scott S. Ingraham, a director of Kilroy Realty Corp, reported changes in beneficial ownership of the company's common stock.
- Ingraham acquired 743.0383 shares of common stock at $0 due to dividend equivalent rights.
- Ingraham disposed of 54,171.4633 shares of common stock.
- Following the transaction, Ingraham beneficially owns 54,171.4633 shares of Kilroy Realty Corp.
- The transactions were related to restricted stock units granted under the Kilroy Realty 2006 Incentive Award Plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.
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 on restricted stock units, which is a common practice in executive compensation.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transaction: Acquisition and disposal of common stock. |
| 04/12/2024 | Date of signature for the SEC filing. |
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