Jalan Chandni 4
Research Summary
AI-generated summary
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.