---
schema_version: "secwatch.filing_event.v1"
accession: "0001286043-23-000029"
form_type: "8-K"
ticker: "KRG"
cik: "0001286043"
company_name: "KITE REALTY GROUP TRUST"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T17:38:24.544233+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Two Kite Realty trustees to retire in 2024; board size to decrease

## Summary
- William Bindley, lead independent trustee since 2004, will not stand for re-election at 2024 annual meeting.
- Gerald Gorski, trustee from 2021 RPAI merger, will also not stand for re-election at 2024 annual meeting.
- Board size expected to shrink from current 13 members to a more typical size for comparable companies.
- Both departures are voluntary, with no disagreement between them and the company, board, or management.

## SEC filing metadata
- accession: 0001286043-23-000029
- form_type: 8-K
- ticker: KRG
- cik: 0001286043
- company_name: KITE REALTY GROUP TRUST
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286043/000128604323000029/0001286043-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286043/000128604323000029/krg-20230319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286043-23-000029
- JSON: https://secwatch.observer/filing/0001286043-23-000029.json
- Plain text: https://secwatch.observer/filing/0001286043-23-000029.txt

## Key facts
- Executive change
  William E. Bindley departed as Lead Independent Trustee at KITE REALTY GROUP TRUST.
  - Action: not stand for re-election
  - Role: Lead Independent Trustee
  source text: William E. Bindley, who has served as lead independent trustee of Kite Realty Group Trust (the “Company”) since the Company’s initial public offering in 2004, notified the Company that he does not intend to stand for re-election at the 2024 annual meeting of shareholders (the “2024 annual meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604323000029/0001286043-23-000029-index.htm
- Executive change
  Gerald M. Gorski departed as Independent Trustee at KITE REALTY GROUP TRUST.
  - Action: not stand for re-election
  - Role: Independent Trustee
  source text: On March 19, 2023, Gerald M. Gorski, who has served as an independent trustee of the Company since the Company’s merger with Retail Properties of America, Inc. (“RPAI”) in October 2021, notified the Company that he does not intend to stand for re-election at the 2024 annual meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286043/000128604323000029/0001286043-23-000029-index.htm

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