Form 4: Kilroy Realty Director Edward F. Brennan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Edward F. Brennan reports acquisition of common stock due to dividend equivalent rights and disposal of common stock held by Brennan Family Trust.
Summary
- On April 10, 2024, Edward F. Brennan, a director of Kilroy Realty Corporation, reported changes in beneficial ownership of the company's common stock.
- Brennan acquired 399.8053 shares of common stock due to dividend equivalent rights related to previously reported restricted stock unit awards.
- Brennan disposed of 8,214 shares of common stock held indirectly through the Brennan Family Trust.
- Following these transactions, Brennan directly owns 27,265.8008 shares of Kilroy Realty Corporation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is valuable information for investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of the reported transactions: acquisition of stock due to dividend equivalent rights and disposal of stock held by Brennan Family Trust. |
| 04/12/2024 | Date of signature on the Form 4 filing. |
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