Kite John A 4

What Happened
John A. Kite, Chairman & CEO (and a director) of Kite Realty Group Trust (KRG), was granted two LTIP unit awards on February 19, 2026 totaling 249,426 LTIP Units (138,390 and 111,036). Both grants are reported as derivative awards at $0.00 per unit (award code A). Per the filing, one award (138,390 units) vests in three equal annual installments on Feb 19 of 2027, 2028 and 2029 (subject to continued service). The other award (111,036 units) was earned based on achievement of performance measures for the three‑year performance period ended Feb 13, 2026.

Key Details

• Transaction date: Feb 19, 2026; Report filed: Feb 23, 2026 (timely filing).
• Price reported: $0.00 (derivative award, not an open‑market purchase).
• Units granted: 138,390 (time‑vesting) + 111,036 (performance‑earned) = 249,426 LTIP Units.
• Vesting: Time‑vested units vest in equal amounts on 2/19/2027, 2/19/2028 and 2/19/2029; performance units were earned for the prior three‑year period.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: LTIP Units are a class of Limited Partnership Units (LP Units) that, if vested and subject to tax allocation conditions, can be converted into LP Units; Common Shares are issued upon redemption/tender of LP Units on a one‑for‑one basis. LP Units have no expiration date.
• Transaction code: A = Award/Grant (derivative). No sale or purchase reported.

Context
These awards are part of executive compensation (time‑ and performance‑based LTIP units), not an open‑market buy or sale. They do not require an immediate cash outlay by the insider and do not indicate an immediate change in the insider’s cash exposure to the stock; they may result in future issuance/ dilution if converted and redeemed into common shares.