Form 4: Kilroy Realty Corp Executive Merryl Elizabeth Werber Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Merril Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corp, reports the acquisition of dividend equivalent rights related to previously reported restricted stock units.
Summary
- On April 10, 2024, Merryl Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corporation, acquired 306.165 dividend equivalent rights related to restricted stock units.
- These rights were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan.
- Following the transaction, Werber beneficially owns 32,410.2619 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock and related instruments.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent rights by an executive, which is part of their compensation package.
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. |
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