Paratte A. Robert 4

What Happened

• Robert Paratte, Executive Vice President and Chief Leasing Officer of Kilroy Realty (KRC), was granted/credited a total of 1,632.132 restricted stock units (RSUs) on April 8, 2026. The filing shows three award/credit entries: 494.443 RSUs, 583.965 RSUs (derivative), and 553.724 RSUs (derivative). Each RSU is a contingent right to receive one share; the reported acquisition price is $0 (these are awards/dividend-equivalent credits, not open-market purchases).

Key Details

• Transaction date: 2026-04-08; Form 4 filed 2026-04-10 (timely).
• Reported amounts: 494.443 RSUs, 583.965 RSUs (derivative), 553.724 RSUs (derivative); total 1,632.132 RSUs. Reported acquisition price $0; total cash value not stated.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • Dividend-equivalent RSUs were granted/credited in respect of underlying RSU awards previously reported under the Kilroy Realty 2006 Incentive Award Plan (F1, F2).
  • Each RSU converts to one share if/when vested (F3).
  • Some credits increase the minimum number of performance units eligible to vest for awards covering 2024–2026 and 2025–2027 performance periods; units remain subject to additional time-based and performance vesting (F4, F5).
• Filing code: A = Award/Grant; derivative entries reflect contingent rights tied to underlying awards.

Context

• These entries reflect equity awards and credited dividend equivalents (not cash transactions). RSUs and performance units generally vest over time and/or upon achievement of performance goals, so they do not represent an immediate sale or purchase in the market.
• Such awards are common components of executive compensation and do not by themselves indicate a personal view to buy or sell company stock.