Form 4: Kilroy Realty Corp: Officer Werber Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Merryl Elizabeth Werber, SVP, CAO, and Controller of Kilroy Realty Corp, reports transactions involving common stock, including the acquisition of restricted stock units and the disposal of shares to cover tax withholding.
Summary
- On January 8, 2025, Merryl Elizabeth Werber acquired 287.7404 shares of Kilroy Realty Corp common stock related to dividend equivalent rights.
- On January 10, 2025, Werber disposed of 3,521 shares of common stock at a price of $37.07 to cover tax withholding obligations.
- Following these transactions, Werber directly owns 23,448.5254 shares of Kilroy Realty Corp.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions. It doesn't inherently indicate positive or negative sentiment, as it reflects routine compensation and tax-related activities.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their sentiment towards the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
- The disclosure provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Grant of restricted stock units in respect of dividend equivalent rights. |
| 01/10/2025 | Common stock tendered to pay tax withholding. |
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