Jalan Chandni 4
Research Summary
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Kilroy Realty (KRC) SVP Jalan Chandni Receives RSU Award
What Happened
Jalan Chandni, SVP and Chief Accounting Officer of Kilroy Realty Corp (NYSE: KRC), received a grant of 111.087 restricted stock units (RSUs) reported on April 8, 2026. The award was reported with an acquisition price of $0.00 (a compensation grant rather than a purchase), so no cash changed hands in this transaction.
Key Details
- Transaction date: 2026-04-08; transaction type: Award/Grant (code A); reported acquisition price: $0.00.
- Shares/units granted: 111.087 RSUs.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Grant represents restricted stock units in respect of dividend equivalent rights tied to previously reported RSU awards under the Kilroy Realty 2006 Incentive Award Plan.
- Filing timeliness: Report filed 2026-04-22 for a 2026-04-08 grant (appears to be a delayed Form 4 filing).
Context
This was a compensation award, not an open‑market purchase or sale. RSUs typically vest over time and may include dividend-equivalent payments (per the footnote), so the economic benefit depends on vesting and plan terms. Such awards are common for executives and do not necessarily indicate a change in the insider’s market view; check vesting schedules and prior filings for fuller context.