Form 4: Kilroy Realty Corp Executive Merryl Elizabeth Werber Sells Shares
SEC Form 4 Filing
Merryl Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corp, sold 3,329 shares of common stock at $33.66 per share on May 9, 2024.
Summary
- On May 9, 2024, Merryl Elizabeth Werber, the SVP, CAO, and Controller of Kilroy Realty Corporation, sold 3,329 shares of the company's common stock.
- The sale price was $33.66 per share.
- Following the transaction, Werber directly owns 29,081.2619 shares of Kilroy Realty Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Merryl Elizabeth Werber sold 3,329 shares of KRC stock. |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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