Paratte A. Robert 4
4 · KILROY REALTY CORP · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
KILROY REALTY (KRC) EVP Paratte Receives 1,229 RSU Award
What Happened
Paratte A. Robert (Executive Vice President, Chief Leasing Officer) was granted/credited a total of 1,229.421 restricted stock units (RSUs) on July 8, 2026. The filing shows three award entries: 372.445 RSUs, 439.878 RSUs (derivative), and 417.098 RSUs (derivative). All were issued at $0.00 (award), so no cash purchase occurred — these are compensation awards tied to existing RSU/performance awards and remain subject to vesting and performance conditions.
Key Details
- Transaction date: July 8, 2026; Form 4 filed July 10, 2026 (timely filing).
- Entries: 372.445 RSUs (award), 439.878 RSUs (award—derivative), 417.098 RSUs (award—derivative); total = 1,229.421 RSUs. Price: $0.00 (awarded).
- Each RSU equals a contingent right to one share of common stock (Footnote F3).
- Awards relate to dividend-equivalent credits on previously reported RSU awards and to performance units granted in 2024 and 2025 covering multi-year performance periods (Footnotes F1–F5). Additional minimum units eligible to vest were credited, but units remain subject to further time-based vesting and performance conditions.
- Shares owned after the reported transactions are not disclosed in this filing.
- Exhibit 24 (Power of Attorney) is attached to the filing.
Context
These entries reflect compensation-related awards (including dividend-equivalent credits and adjustments to previously granted performance unit awards), not open-market purchases or sales. RSUs are contingent rights that convert to shares only if vesting and performance conditions are met, so this filing does not represent an immediate change in liquidity or direct market stance by the insider.
Insider Transaction Report
- Award
Common stock, par value $0.01 per share
[F1]2026-07-08+372.445→ 118,258.856 total - Award
Restricted Stock Units
[F2][F3][F4]2026-07-08+439.878→ 61,285.86 total→ Common Stock (439.878 underlying) - Award
Restricted Stock Units
[F2][F3][F5]2026-07-08+417.098→ 61,702.958 total→ Common Stock (417.098 underlying)
Footnotes (5)
- [F1]Grant of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table I, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
- [F2]Crediting of restricted stock units in respect of dividend equivalent rights with respect to underlying restricted stock unit awards previously reported on Table II, which were granted pursuant to the Kilroy Realty 2006 Incentive Award Plan and the terms of the applicable award agreement.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F4]The reporting person was awarded performance units in 2024 covering a three-year performance period ending December 31, 2026. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2024 and 2025 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.
- [F5]The reporting person was awarded performance units in 2025 covering a three-year performance period ending December 31, 2027. The reporting person previously reported the minimum number of units subject to the award eligible to vest based on 2025 performance. The number of units reported reflects the additional minimum number of units eligible to vest as a result of the crediting of restricted stock units in respect of dividend equivalent rights. The units remain subject to additional time-based vesting requirements.