Form 4: Kilroy Realty Director Louisa Ritter Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Louisa Ritter reports acquisition and disposal of common stock due to dividend equivalent rights related to restricted stock units.
Summary
- On October 9, 2024, Louisa Ritter, a director of Kilroy Realty Corporation, reported changes in beneficial ownership of the company's common stock.
- Ritter acquired 249.3591 shares of common stock due to dividend equivalent rights related to previously reported restricted stock unit awards.
- Ritter disposed of 18,233.3404 shares of common stock.
- Following these transactions, Ritter's directly held common stock is 0 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to stock-based compensation and dividend equivalent rights, common in publicly traded companies to align director interests with shareholders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to director compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of transaction: acquisition and disposal of common stock. |
| 10/11/2024 | Date of signature on the Form 4 filing. |
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