KILROY REALTY CORP·4

Feb 9, 7:45 PM ET

Roth Heidi Rena 4

4 · KILROY REALTY CORP · Filed Feb 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Kilroy Realty (KRC) EVP Heidi Roth Exercises/Receives Awards, 21,785 Shares Withheld

What Happened
Heidi R. Roth, Executive Vice President & Chief Administrative Officer of Kilroy Realty (KRC), received and converted equity awards on 2026-02-05. The filing shows: grants of 7,677 restricted stock units (RSUs) and two performance-unit grants (31,696.432 and 17,094.164 units), and an exercise/conversion event involving 48,763 units/shares. To cover tax withholding, 21,785 shares were tendered/disposed at $34.31 per share, generating $747,443. All awards/ conversions were reported with $0 acquisition price (these are awards/vestings, not open‑market purchases).

Key Details

  • Transaction date: February 5, 2026; Form 4 filed Feb 9, 2026 (timely filing).
  • Prices/values: awards/conversions reported at $0 (typical for RSU/performance-unit vesting); 21,785 shares withheld/disposed at $34.31 = $747,443.
  • Award types: RSUs and performance units under the Kilroy Realty 2006 Incentive Award Plan (RSUs carry dividend equivalents). See footnotes: some performance units awarded in 2023 vested based on 2024–2025 performance; 2025 performance-unit award reflects minimum eligible vesting and remains subject to time-based vesting (up to an additional 34,188.33 units may vest for the 2025–2027 performance period).
  • Tax treatment: 21,785 restricted stock units were tendered to satisfy tax withholding (code F).
  • Shares owned after the transactions: not specified in the disclosed items on this Form 4.

Context

  • This reporting reflects equity awards vesting/conversion and routine tax withholding — not an open‑market buy or a discretionary sale for investment.
  • For retail investors: awards/vesting are common compensation events; the only actual disposition here was the tax-withholding tender/sale (not a directional insider investment decision).
  • Derivative note: “M” entries indicate exercise/conversion of derivative awards (performance units/RSUs converted into shares).

Insider Transaction Report

Form 4
Period: 2026-02-05
Roth Heidi Rena
See Remarks
Transactions
  • Award

    Common stock, par value $0.01 per share

    [F1]
    2026-02-05+7,67774,766.162 total
  • Exercise/Conversion

    Common stock, par value $0.01 per share

    2026-02-05+48,763123,529.162 total
  • Tax Payment

    Common stock, par value $0.01 per share

    [F2]
    2026-02-05$34.31/sh21,785$747,443101,744.162 total
  • Award

    Restricted Stock Units

    [F3][F4]
    2026-02-05+31,696.43266,791.539 total
    Common Stock (31,696.432 underlying)
  • Award

    Restricted Stock Units

    [F3][F5]
    2026-02-05+17,094.16483,885.703 total
    Common Stock (17,094.164 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F6]
    2026-02-0548,76335,122.703 total
    Common Stock (48,763 underlying)
Footnotes (6)
  • [F1]Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share of stock underlying such restricted stock unit.
  • [F2]Restricted stock units tendered to pay tax withholding.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
  • [F4]The reporting person was awarded performance units in 2023 covering a three-year performance period ending December 31, 2025. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2023 performance. The number of units reported reflects the additional number of units that vested based on 2024 and 2025 performance.
  • [F5]The reporting person was awarded performance units in 2025 covering a three-year performance period ending December 31, 2027. The number of units reported reflects the minimum number of units eligible to vest based on 2025 performance. The units remain subject to additional time-based vesting requirements. Up to an additional 34,188.33 units may vest for the three-year performance period based on the Issuer's performance for that three-year period.
  • [F6]The performance units were awarded in 2023 and the final number of units subject to the award (as adjusted for dividend equivalents through January 31, 2026) was determined based on a three-year performance period ending December 31, 2025. The units are payable in shares of the Issuer's common stock.
Signature
/s/ Heidi R. Roth|2026-02-09

Documents

1 file
  • 4
    wk-form4_1770684331.xmlPrimary

    FORM 4