---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-127654"
form_type: "8-K"
ticker: "KRG"
cik: "0001286043"
company_name: "KITE REALTY GROUP TRUST"
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T19:53:11.997028+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Kite Realty shareholders and RPAI stockholders approve merger; closing expected Oct 22

## Summary
- KRG shareholders approved share issuance (99.7% for) and authorized share increase to 490M; RPAI stockholders approved merger (98.1% for).
- Merger expected to close on October 22, 2021; exchange ratio of 0.623 KRG shares per RPAI share.
- Board to expand to 13 trustees at closing, with four RPAI designees (Biumi, Gorski, Grimes, Lynch); Lee Daniels to retire.
- Approximately 88.0% of KRG and 79.7% of RPAI outstanding shares voted, indicating strong shareholder turnout.

## SEC filing metadata
- accession: 0001104659-21-127654
- form_type: 8-K
- ticker: KRG
- cik: 0001286043
- company_name: KITE REALTY GROUP TRUST
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/tm2130475d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-127654
- JSON: https://secwatch.observer/filing/0001104659-21-127654.json
- Plain text: https://secwatch.observer/filing/0001104659-21-127654.txt

## Key facts
- Executive change
  Gerald M. Gorski was appointed as Trustee at KITE REALTY GROUP TRUST.
  - Action: appointed
  - Role: Trustee
  source text: appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm
- Executive change
  Lee A. Daniels departed as Trustee at KITE REALTY GROUP TRUST.
  - Action: retire
  - Role: Trustee
  source text: Lee A. Daniels communicated to the Board his decision to retire from the Board contingent and effective upon the occurrence of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm
- Executive change
  Bonnie S. Biumi was appointed as Trustee at KITE REALTY GROUP TRUST.
  - Action: appointed
  - Role: Trustee
  source text: appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm
- Executive change
  Steven P. Grimes was appointed as Trustee at KITE REALTY GROUP TRUST.
  - Action: appointed
  - Role: Trustee
  source text: appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm
- Executive change
  Peter L. Lynch was appointed as Trustee at KITE REALTY GROUP TRUST.
  - Action: appointed
  - Role: Trustee
  source text: appointed Ms. Biumi and Messrs. Grimes, Gorski, and Lynch to fill such newly created vacancies on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000110465921127654/0001104659-21-127654-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.