KIESKE DAVID ANDREW 4
Research Summary
AI-generated summary
Kilroy Realty (KRC) Director David Kieske Receives RSU Award
What Happened
David Andrew Kieske, a director of Kilroy Realty Corp (NYSE: KRC), received a grant of 61.431 restricted stock units (RSUs) on April 8, 2026. The award was reported on Form 4 with an acquisition price of $0.00 (aggregate $0). A footnote clarifies these RSUs are dividend-equivalent awards tied to previously granted RSUs under the Kilroy Realty 2006 Incentive Award Plan.
Key Details
- Transaction date: 2026-04-08 (reported on Form 4 filed 2026-04-22).
- Transaction type/code: Grant / Award (A).
- Quantity and price: 61.431 RSUs @ $0.00 (aggregate $0).
- Footnote: F1 — grant represents dividend equivalent rights with respect to underlying RSU awards previously reported (under the 2006 Incentive Award Plan).
- Shares owned after transaction: Not provided in the excerpt of the filing. Check the full Form 4 Table I for post-transaction holdings.
- Timeliness: Filing appears late (transaction 4/8; Form 4 filed 4/22). Late filing can be an administrative issue but should be confirmed from the full SEC filing.
Context
These awards are non-cash equity grants (dividend-equivalent RSUs) tied to earlier RSU awards and typically vest according to the original award terms. This is an equity grant, not an open-market purchase or sale, so it’s routine compensation/benefit rather than a direct bullish or bearish trading signal.