{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-066099","form_type":"8-K","ticker":"KRC","cik":"0001025996","company_name":"KILROY REALTY CORP","filed_at":"2023-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.560841+00:00","generated_at":"2026-06-18T06:15:32.915814+00:00","sec_items":["1.01","2.03","5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Kilroy Realty formalizes CFO Trencher's employment; expands term loan $20M","bullets":["Eliott Trencher appointed EVP, CFO and CIO effective Feb 1, 2023; employment agreement signed March 3, 2023.","Base salary not less than $500,000; target annual bonus minimum 100% of salary; eligible for equity awards.","Severance: 1x salary + 1x target bonus upon termination without cause or for good reason, plus COBRA up to 18 months.","Second amendment to term loan facility exercised accordion for additional $20M borrowing; total facility potential increased.","After amendment, $200M outstanding, $320M remaining commitments, $130M incremental capacity available."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-066099","json":"https://secwatch.observer/filing/0001193125-23-066099.json","markdown":"https://secwatch.observer/filing/0001193125-23-066099.md","text":"https://secwatch.observer/filing/0001193125-23-066099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1025996/000119312523066099/0001193125-23-066099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1025996/000119312523066099/d476012d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T06:15:32.915814+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f12631616e","claim":"Eliott Trencher was appointed as Executive Vice President, Chief Financial Officer and Chief Investment Officer at KILROY REALTY CORP.","evidence_excerpt":"the Company’s Board of Directors (the “Board”) appointed Eliott Trencher as Executive Vice President, Chief Financial Officer and Chief Investment Officer of the Company effective February 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025996/000119312523066099/0001193125-23-066099-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer and Chief Investment Officer"}],"fact_type":"executive_change"},{"claim_id":"8879c5efd2580056d663739d29754dcdc8ffaabd","claim":"KILROY REALTY CORP amended Second Amendment valued at additional borrowings of up to $20 million (effective 2023-03-06).","evidence_excerpt":"On March 6, 2023, the Operating Partnership entered into an second amendment to the Term Loan Agreement (the “Second Amendment”) to exercise the accordion feature under the Term Loan Agreement to provide for additional borrowings of up to $20 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025996/000119312523066099/0001193125-23-066099-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Value","value":"additional borrowings of up to $20 million"},{"label":"Effective","value":"2023-03-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}