Form 4: Kilroy Realty Executive Vice President A. Robert Paratte Sells 12,000 Shares

A. Robert Paratte, Executive Vice President and Chief Leasing Officer of Kilroy Realty Corporation, sold 12,000 shares of common stock at an average price of $33.355 on May 8, 2024.

Summary

• On May 8, 2024, A. Robert Paratte, an Executive Vice President and Chief Leasing Officer at Kilroy Realty Corporation, sold 12,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $33.355.
• Following the transaction, Paratte directly owns 68,139.3788 shares of Kilroy Realty Corporation.
• The sale was executed on May 8, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of a company are buying or selling shares.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a problem with the company.

Key Dates