BRENNAN EDWARD F 4
4 · KILROY REALTY CORP · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Kilroy Realty (KRC) Director Edward Brennan Receives Award
What Happened
Edward F. Brennan, a director of Kilroy Realty Corp. (NYSE: KRC), was granted 4,339 restricted stock units (RSUs) on May 19, 2026. The reported acquisition price is $0, so the Form 4 shows a $0 purchase value for this award. This transaction is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-20).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 4,339 restricted stock units.
- Price/consideration: $0 per unit; total reported acquisition value $0.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: The RSUs were granted under the Kilroy Realty 2006 Incentive Award Plan; each RSU carries a right to receive dividend equivalents on the underlying share.
- Filing timeliness: Filed the day after the transaction (appears timely).
Context
Restricted stock units are compensation awards that convert into actual shares (or cash) only if and when they vest; they do not represent an immediate market purchase or sale. Such grants are common for board compensation and do not by themselves indicate the insider’s view of the company’s near-term stock prospects.
Insider Transaction Report
- Award
Common stock, par value $0.01 per share
[F1]2026-05-19+4,339→ 43,685.005 total
- 8,214(indirect: By Trust)
Common stock, par value $0.01 per share
Footnotes (1)
- [F1]Award of restricted stock units granted pursuant to the Kilroy Realty 2006 Incentive Award Plan. Each restricted stock unit carries with it a right to receive dividend equivalents in respect of the share of stock underlying such restricted stock unit.