Form 4: Kilroy Realty Corp: Director Stevenson Reports Stock Transaction
Insider Transaction Filing
Gary R. Stevenson, a Director at Kilroy Realty Corp, reported a transaction involving restricted stock units related to dividend equivalents.
Summary
- Gary R. Stevenson, a Director of Kilroy Realty Corporation (KRC), filed a Form 4 reporting a transaction on July 8, 2026.
- The transaction involved the grant of restricted stock units (RSUs) related to dividend equivalent rights for previously awarded RSUs.
- These grants were made under the Kilroy Realty 2006 Incentive Award Plan.
- The reported transaction resulted in the acquisition of 601.2823 units at a price of $0, with a total value of $43,292.3252.
- This filing also includes an exhibit detailing a Power of Attorney granted by Gary R. Stevenson to Lauren N. Stadler and Chandni Jalan, authorizing them to make SEC filings on his behalf.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard disclosure of equity awards to a director and does not indicate significant positive or negative developments for the company.
Positives
- The transaction represents a grant of equity-related awards, which can align management interests with shareholders.
- The value of the granted RSUs is $43,292.3252, indicating continued incentive compensation for a key director.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding future financial performance or strategic initiatives.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director compensation and equity holdings within the real estate investment trust (REIT) sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Gary R. Stevenson granted a Power of Attorney to Lauren N. Stadler and Chandni Jalan to execute and submit SEC filings on his behalf. | 06/29/2026 | Ensures compliance with SEC filing requirements by delegating the preparation and submission of required forms. |
Stakeholder Impact
- Shareholders: The grant of RSUs aligns director incentives with shareholder interests, potentially leading to better long-term performance.
- Management: The transaction is part of the executive compensation structure, reflecting ongoing engagement and commitment.
Key Dates
| Date | Description |
|---|---|
| 06/29/2026 | Date of execution of the Power of Attorney by Gary R. Stevenson. |
| 07/08/2026 | Earliest transaction date reported on Form 4. |
| 07/10/2026 | Date of signature for the Form 4 filing. |
Keywords
Kilroy Realty Corp, KRC, Form 4, SEC Filing, Director, Gary R. Stevenson, Restricted Stock Units, Dividend Equivalents, Incentive Award Plan, Beneficial Ownership
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.