secwatch.observer — SEC 8-K summary
======================================

Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001193125-25-291606
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Realty appoints new CAO, adopts executive severance plan with non-renewal notices
--------------------------------------------------------------------------------

- Chandni Jalan appointed SVP, Chief Accounting Officer effective Dec 2, 2025; base salary $400k, target bonus 75%, signing bonus $30k.
- Merryl Werber steps down as CAO on Dec 2, remains Senior Advisor to CFO through Jan 9, 2026.
- Compensation Committee approved Executive Severance Plan; non-renewal notices sent to President Smart, CFO Kuehling, CAO Roth, CIO Trencher.
- Severance plan provides cash severance of 1x base plus target bonus (12-month installments) or 1.5x on Change in Control (lump sum); COBRA coverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000119312525291606/0001193125-25-291606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000119312525291606/d872969d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-291606

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer