Form 4: KRC CFO Reports Routine Stock Transactions

Kilroy Realty Corp's CFO, Jeffrey Kuehling, reported the acquisition of restricted stock units and the sale of shares for tax withholding.

Summary

• Jeffrey Kuehling, Executive Vice President, CFO, and Treasurer of Kilroy Realty Corp (KRC), reported changes in his beneficial ownership of KRC common stock.
• On January 7, 2026, Kuehling acquired 380.6449 shares of common stock at a price of $0. This acquisition represents a grant of restricted stock units (RSUs) in respect of dividend equivalent rights related to previously reported RSU awards.
• Following this acquisition, Kuehling's beneficial ownership increased to 27,942.1516 shares.
• On January 9, 2026, Kuehling disposed of 8,906 shares of common stock at a price of $39.82 per share.
• This disposition was made to cover tax withholding obligations associated with previously reported restricted stock unit awards.
• After these transactions, Kuehling's direct beneficial ownership stands at 19,036.1516 shares of KRC common stock.

Sentiment

Score: 5

Explanation: Neutral. The filing reports routine insider transactions involving equity compensation and tax withholding, which are standard occurrences and do not inherently indicate positive or negative sentiment about the company's performance or outlook.

Positives

• The grant of restricted stock units (RSUs) for dividend equivalent rights indicates ongoing equity compensation for the CFO, aligning executive interests with shareholder value.
• The acquisition of 380.6449 shares at a $0 price reflects a standard component of executive compensation, adding to the CFO's equity stake in the company.

Negatives

• The disposition of 8,906 shares to cover tax withholding reduces the CFO's direct beneficial ownership, although this is a common and non-discretionary event related to RSU vesting.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context. It reflects standard equity compensation practices for executives within publicly traded companies, particularly those with restricted stock unit programs.

Comparison to Industry Standards

• NA This Form 4 reports personal stock transactions of an executive and does not contain company performance data or operational results that would allow for a direct comparison to industry benchmarks or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: The grant of RSUs is part of the approved compensation plan, and the sale for tax withholding is a common, non-discretionary event. Neither transaction is expected to have a material impact on the company's valuation or share price.
• Employees: Reflects standard executive compensation practices, which are generally consistent across the industry for senior leadership.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions, specifically the grant of restricted stock units as dividend equivalent rights and the subsequent sale of shares to cover tax withholding. These are standard events related to executive compensation and do not provide new fundamental information to warrant a change in investment recommendation. The transactions reflect ongoing equity participation by the CFO but do not signal a significant shift in company outlook or performance.

Keywords

Kilroy Realty Corp, KRC, Jeffrey Kuehling, Form 4, Insider Transaction, Restricted Stock Units, Equity Compensation, Tax Withholding, NYSE: KRC