WURTZEBACH CHARLES H 4

What Happened

• Charles H. Wurtzebach, a director of Kite Realty Group Trust (KRG), was granted 4,958 share units on 2026-05-14. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (total reported value $0). This is a compensation award (share units), not an open-market purchase.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-18 (appears timely — within the two business‑day Form 4 reporting window).
• Price: $0.00 per share; Total cash consideration reported: $0.
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for "Amount beneficially owned following reported transaction."
• Footnotes: F1 = represents share units granted; F2 = includes 8,349 shares acquired pursuant to Kite Realty’s Dividend Reinvestment and Share Purchase Plan (indicates DRIP participation).
• Transaction code: A (award/grant). No 10b5-1 plan, tax‑withholding, or sales noted in the provided details.

Context

• Share units are typically compensation (e.g., restricted stock units) that may convert to common shares upon vesting; they are not the same as an insider buying shares on the open market and don’t necessarily signal the insider’s near‑term conviction to buy additional stock.
• Participation in the DRIP (per F2) shows the insider reinvests dividends into company shares, which can be a modest positive signal of holding. However, grants are routine director compensation and should be interpreted accordingly.