Form 4: Kilroy Realty Corp Executive Werber Merryl Elizabeth Reports Acquisition of Dividend Equivalent Rights

Merril Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corp, reports the acquisition of dividend equivalent rights related to restricted stock units.

Summary

• On October 9, 2024, Merryl Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corporation, reported a transaction involving the acquisition of dividend equivalent rights.
• These rights are related to underlying restricted stock unit awards previously reported on Table I.
• The transaction involved 280.3295 shares of common stock acquired at a price of $0.
• Following the transaction, Werber's beneficial ownership of common stock is 26,681.785 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reflects standard executive compensation practices.

Positives

• The acquisition of dividend equivalent rights suggests continued investment and alignment of interests between the executive and the company's performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and alignment with company performance.

Key Dates