Kilroy Realty (KRC) SVP Jalan Chandni Receives RSU Award
$NYSE: KRC · KILROY REALTY CORPResearch Summary
AI-generated summary of this SEC filing
Kilroy Realty (KRC) SVP Jalan Chandni Receives RSU Award
What Happened
Jalan Chandni, Senior Vice President and Chief Accounting Officer of Kilroy Realty Corp (KRC), received a grant of 5,830 restricted stock units (RSUs) on February 5, 2026. The Form 4 reports an acquisition price of $0.00 per unit (grant), for a reported acquisition value of $0. These RSUs are an award of equity compensation rather than an open-market purchase or sale.
Key Details
- Transaction type: Award / Grant (Form 4 code A) — 5,830 RSUs
- Transaction date: 2026-02-05
- Reported price: $0.00 per unit; reported acquisition value $0
- Shares owned after transaction: Not specified in the provided filing summary (see full Form 4 for total beneficial ownership)
- Footnote: RSUs granted under the Kilroy Realty 2006 Incentive Award Plan; each RSU includes a right to receive dividend equivalents (per filing footnote)
- Filing timeliness: Reported on 2026-02-09 — within the SEC two-business-day filing window (timely)
Context: RSUs are a common form of equity compensation that convert to company shares if and when vesting conditions are met. Grants represent compensation and are not the same as purchases (which can be a clearer bullish signal). Dividend equivalents mean the award will accrue dividend-like payments tied to the underlying shares while outstanding.