Aman Angela M 4
Research Summary
AI-generated summary
Kilroy Realty (KRC) CEO Angela M. Aman Receives RSU & Performance Award
What Happened
Angela M. Aman, CEO of Kilroy Realty Corp. (NYSE: KRC), received equity awards on February 5, 2026. The Form 4 reports (1) 45,541 restricted stock units (RSUs) granted (acquired at $0.00) and (2) 42,379.281 performance-based units reported as a derivative award (also $0.00). These are compensation awards, not open-market purchases or sales, so no cash changed hands.
Key Details
- Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (timely within SEC two-business-day rule).
- Awards: 45,541 RSUs (grant A) and 42,379.281 performance-contingent units (derivative A); reported price $0.00 for both.
- Footnotes of note:
- RSUs granted under the Kilroy Realty 2006 Incentive Award Plan and carry rights to dividend equivalents.
- Each RSU represents a contingent right to receive one share of common stock upon vesting.
- The reported performance units reflect the minimum number eligible to vest based on 2025 results; up to an additional 254,275.68 units may vest for the three-year performance period ending Dec 31, 2027, and units remain subject to additional time-based vesting.
- Shares owned after the transaction: not disclosed in the details provided in your summary.
Context
These awards are standard executive compensation (an "A" code on Form 4) rather than purchases or sales, so they primarily reflect compensation and pay structure rather than an immediate buying/selling signal. The performance units are contingent on future company performance and additional time-based vesting, so the final number of shares that may be issued could be materially higher depending on 2025–2027 results.