Paratte A. Robert 4
Research Summary
AI-generated summary
Kilroy Realty (KRC) Paratte, EVP & Chief Leasing Officer, Sells 10,000 Shares
What Happened
- Paratte A. Robert, Executive Vice President and Chief Leasing Officer of Kilroy Realty Corporation (KRC), sold 10,000 shares in an open‑market sale on April 30, 2026.
- The reported weighted average price was $33.11 per share (prices ranged $33.06–$33.20), for a total reported proceeds of $331,130.
- This was a sale (not a purchase); sales by insiders are often routine and do not by themselves indicate a change in company prospects.
Key Details
- Transaction date: 2026-04-30; Form 4 filed: 2026-05-01 (filed timely).
- Price: weighted average $33.11; price range $33.06–$33.20 (see footnote F1).
- Shares sold: 10,000; proceeds: $331,130.
- Shares owned after the transaction: not reported in the information provided in this summary.
- Notable footnote: F1 states the reported price is a weighted average from multiple trades and the reporting person will provide the breakdown of shares sold at each price on request.
- Transaction code: S = Sale (open market or private sale).
Context
- No options were exercised and no awards or gifts are involved—this was an outright sale of existing shares.
- Because the filing was submitted promptly (within typical Form 4 timing), there’s no late‑filing flag; the sale appears to be a routine disposition rather than an indicator of insider sentiment.