KILROY REALTY CORP·4

Feb 9, 7:46 PM ET

Schwartz Sherrie Sage 4

Research Summary

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Kilroy Realty (KRC) EVP Sherrie Sage Schwartz Receives Award

What Happened

  • Sherrie Sage Schwartz, Executive Vice President & Chief Human Resources Officer of Kilroy Realty Corp (NYSE: KRC), received equity awards on Feb 5, 2026. The filing shows (A) 2,806 restricted stock units (RSUs) granted and (A, derivative) 6,328.755 performance-based RSUs granted. All awards are shown at $0.00 price (awards rather than purchases), so no cash was exchanged.

Key Details

  • Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (filed within SEC’s two-business-day rule).
  • Reported items: 2,806 RSUs (restricted stock units) and 6,328.755 performance RSUs (derivative) were awarded; both reported at $0.00.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes:
    • Awards granted under the Kilroy Realty 2006 Incentive Award Plan; each RSU carries dividend equivalents (F1).
    • Each RSU represents a contingent right to one share of common stock (F2).
    • The 6,328.755 units are performance units covering a three-year performance period ending Dec 31, 2027. The reported number reflects the minimum eligible to vest based on 2025 performance; up to an additional 12,657.51 units may vest depending on final performance, and the units remain subject to additional time-based vesting (F3).
  • Role note: Reporting person is EVP & Chief Human Resources Officer (from Remarks).

Context

  • These transactions are awards/compensation, not open-market purchases or sales. Awards are compensation and subject to vesting and performance conditions; they do not by themselves signal insider buying or selling intent.
  • The performance RSUs are contingent and may or may not convert into shares depending on future performance and vesting schedules; dividend equivalents are payable on these RSUs per the plan.