BRENNAN EDWARD F 4

What Happened

• Edward F. Brennan, a director of Kilroy Realty Corp. (NYSE: KRC), was granted 504.544 restricted stock units (RSUs) on April 8, 2026. The award is reported as an acquisition at $0.00 per share (total reported value $0), filed on April 10, 2026.
• This transaction is an equity award (transaction code A) as part of compensation/benefits, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-08; Filing date: 2026-04-10 (appears timely under Form 4 rules).
• Shares reported acquired: 504.544 RSUs at $0.00 per share (total $0 reported).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnote: The grant represents restricted stock units in respect of dividend equivalent rights tied to previously reported underlying RSU awards granted under the Kilroy Realty 2006 Incentive Award Plan.
• Transaction type: Award/grant (A); not a sale or cash purchase.

Context

• RSU awards are typically compensation; they vest and convert to shares per the award agreement terms. Dividend-equivalent RSUs reflect payouts linked to dividends on the underlying RSUs and are commonly reported separately.
• Such grants are routine for executives/directors and do not by themselves indicate insider buying or selling sentiment.