Grimes Steven P 4

What Happened Steven P. Grimes, a director of Kite Realty Group Trust (KRG), was reported on a Form 4 to have acquired 4,958 shares on May 14, 2026. The transaction is coded as an award/grant (code A) with a reported acquisition price of $0.00, indicating shares were issued as compensation/award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely within two business days).
• Shares acquired: 4,958; reported price: $0.00 (award/grant).
• Footnote: 311 of the shares were acquired pursuant to the Kite Realty Group Trust Dividend Reinvestment and Share Purchase Plan (DRIP).
• Filing status: Timely (no late-filing flag noted).
• Shares owned after transaction: Not specified in the provided filing summary.

Context This was an award/issuance of shares (common for director compensation) rather than a cash purchase or sale. Such grants are typically part of routine compensation and do not by themselves indicate the insider’s short‑term market view.