CARTER DARYL J 4

What Happened
Daryl J. Carter, a director of Kilroy Realty Corp. (NYSE: KRC), was granted 243.26 restricted stock units (RSUs) on July 8, 2026. The filing reports the grant as an award (transaction code A) at a reporting price of $0.00 because these are compensation units rather than an open-market trade. The award is described as dividend-equivalent RSUs tied to previously reported underlying RSU awards under the Kilroy Realty 2006 Incentive Award Plan.

Key Details

• Transaction date: 2026-07-08; Form 4 filed: 2026-07-10.
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 243.26 RSUs; reporting price: $0.00 (compensation grant, not a purchase).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Grant represents dividend equivalent rights with respect to previously reported RSU awards under the 2006 Incentive Award Plan (see footnote F1).
• Exhibit/remark: Exhibit 24 — Power of Attorney for Daryl J. Carter included.

Context
RSUs are compensation awards that typically vest over time per the award agreement and are not an immediate market purchase or sale; dividend-equivalent RSUs reflect additional units credited for dividends on the underlying awards. This grant is a routine equity compensation event for an insider and is informational rather than a direct buy/sell signal.