Highest-materiality recent filing
Kilroy Realty Q2 net income $19.9M ($0.17/sh) vs $68.4M; FFO $0.92 vs $1.13; occupancy 77%
Revenue $272.4M, down from $289.9M YoY; net income $19.9M vs $68.4M; FFO $109.3M vs $135.9M.
KRC shareholders approve 1.7M share increase in 2006 incentive plan at annual meeting
Amended plan raises aggregate share limit to 14,320,000 from prior 12,620,000 (a 13.5% increase).
Kilroy Realty posts Q1 net loss $0.16, FFO $0.91, raises 2026 FFO guidance
Net loss $0.16 per diluted share vs income $0.33 prior year; FFO $0.91 vs $1.02.
Kilroy Realty appoints Gary Stevenson as Board Chair, adds two new directors
Gary Stevenson appointed Board Chair, succeeding Edward Brennan, PhD, who becomes Audit Committee Chair.
Kilroy Q4 FFO $0.97 vs $1.20 YoY; leasing strongest in six years; 2026 FFO guidance $3.25-$3.45
Q4 revenue $272.2M (down from $286.4M); net income $12.4M ($0.10 diluted EPS) vs $59.5M ($0.50) YoY.
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.
Kilroy Realty Q3 net income $1.31/diluted share; FFO $1.08; raises FY25 FFO guidance to $4.18-4.24
Revenue $279.7M vs $289.9M YoY; net income $156.2M (up from $52.4M) driven by $127M gain on sale.
Kilroy Realty closes $400M offering of 5.875% senior notes due 2035
$400M aggregate principal of 5.875% senior notes due Oct 15, 2035.
Kilroy Realty Q2 FFO $1.13/shr beats prior year; raises 2025 FFO guidance to $4.05-$4.15
Revenue $289.9M (up 3.3% YoY); net income $68.4M ($0.57 EPS) vs $49.2M ($0.41) YoY.
Kilroy Realty holds 2025 annual meeting; all director nominees and proposals approved
Seven directors elected, including Angela M. Aman (104.3M for) and Daryl J. Carter (104.9M for).
Kilroy Realty CAO Merryl Werber to depart Jan 2026; search underway
Merryl Werber (SVP, CAO & Controller) will leave effective Jan 9, 2026 to pursue other opportunities.
Kilroy Realty Q1 FFO $1.02/sh, net income $0.33/sh; reaffirms FY 2025 FFO outlook $3.85-$4.05
Revenue $270.8M (down 2.8% YoY from $278.6M); net income $39.0M ($0.33 diluted) vs $49.9M ($0.42) YoY.
Kilroy Realty Q4 FFO $1.20, up from $1.08 YoY; 2025 FFO guidance $3.85-$4.05
Q4 net income $59.5M ($0.50 diluted) vs $47.3M ($0.40) YoY; revenue $286.4M (+6.5%).
Kilroy Realty Q3 FFO $1.17/share (+4.5% YoY); raises FY2024 guidance midpoint to $4.41
Revenue $289.9M (+2.2% YoY); net income $0.44 diluted EPS vs $0.45 YoY.
Kilroy Realty Q2 FFO $1.10/share; appoints Jeffrey Kuehling as CFO effective Aug 19
Revenue $280.7M, net income $0.41 diluted EPS, FFO $1.10 per diluted share.
Kilroy Realty amends bylaws to permit non-executive Chairperson
Board amended and restated bylaws effective June 1, 2024.
KRC annual meeting elects all director nominees; say-on-pay passes with narrow 51.3% support
All eight director nominees elected with over 94M votes for each (≥94.2% of votes cast).
Kilroy Realty Q1 FFO $1.11/share, rev $278.6M; FY FFO guidance raised to $4.15-$4.30
Q1 net income $0.42 diluted EPS; FFO $1.11 per share ($133.7M total).
Kilroy Realty recasts $1.1B revolving credit facility, extends maturity to July 2028
New $1.1B sustainability-linked unsecured revolving credit facility matures July 31, 2028, with two 6-month extension options.
Kilroy Realty approves $500M share repurchase and $500M ATM equity offering
Board approved $500M share repurchase program, replacing prior program, effective Feb 27, 2024.
Kilroy Realty Q4 EPS $0.40, FFO $1.08; guides FY2024 FFO $4.10-$4.25; CEO transition
Q4 net income $0.40 diluted EPS; FFO $1.08 per share; revenue $269M.
Kilroy Realty L.P. completes $400M offering of 6.250% Senior Notes due 2036
Issued $400M aggregate principal of 6.250% Senior Notes maturing Jan 15, 2036; interest payable Jan 15 & Jul 15 beginning Jul 15, 2024.
Kilroy Realty appoints Angela Aman as CEO effective Jan 22, 2024; John Kilroy to advise
Angela Aman named CEO and Board member effective January 22, 2024; succeeds John Kilroy.
Kilroy Realty amends bylaws to separate Chair and CEO roles after CEO John Kilroy retires
Board amended bylaws on Dec 6, 2023 to separate Chair of the Board and CEO positions.
Kilroy Realty Q3 FFO $1.12, revenue $283.6M; guides FY FFO $4.55-$4.60
Net income $0.45 diluted EPS vs $0.68 (prior year included $0.15 gain); FFO $1.12 vs $1.17.
Kilroy Realty Q2 FFO $1.19, revenue $284M; raises 2023 FFO guidance to $4.43-$4.53 per share
Revenue $284.3M (+4.8% YoY); net income $0.47 diluted EPS (+17.5%); FFO $1.19 diluted (+1.7%).
Kilroy Realty obtains $375M mortgage loan at 5.90% secured by One Paseo campus
Borrowed $375M from New York Life Insurance, secured by One Paseo mixed-use campus in Del Mar, CA.
Kilroy Realty board adopts annual Say on Pay votes based on shareholder advisory vote
At May 24, 2023 annual meeting, stockholders voted in favor of annual Say on Pay frequency.
Kilroy Realty shareholders approve 1.9M share increase to 2006 Incentive Plan; directors elected
Stockholders approved amended 2006 Incentive Award Plan increasing share limit by 1.9M to 12.62M total shares.
Kilroy Realty Q1 FFO per share $1.22, up 5.2% YoY; maintains FY23 FFO guidance $4.30-$4.50
Revenue $292.8M (+10.3% YoY); net income $0.48/diluted share (+6.7% YoY).
Kilroy Realty CEO John Kilroy to retire at year-end 2023; board initiates CEO search
John B. Kilroy, Jr. to retire as CEO effective December 31, 2023.
Kilroy Realty formalizes CFO Trencher's employment; expands term loan $20M
Eliott Trencher appointed EVP, CFO and CIO effective Feb 1, 2023; employment agreement signed March 3, 2023.
Kilroy Realty appoints Eliott Trencher as permanent CFO, retains CIO role
Trencher named EVP, CFO and CIO effective Feb 1, 2023; no longer interim CFO.
Kilroy Realty Q4 FFO $1.17/share, up 11.4% YoY; FY2023 guidance $4.40-$4.60
Q4 revenue $284.3M (+8.9% YoY); diluted EPS $0.45 (+12.5% YoY).
Kilroy Realty expands term loan facility to $500M and boosts accordion capacity to $650M
Exercised accordion to increase delayed draw term loan from $400M to $500M.
Kilroy Realty President Tyler Rose to retire March 1, 2023; Justin Smart named successor
Tyler Rose to step down as President and Secretary on March 1, 2023; receives $1.2M cash, COBRA through Dec 2024, accelerated equity vesting.
Kilroy Realty Q3 2022: FFO $1.17/sh (+20% YoY), revenue $276M (+19%), dividend raised 3.8% to $0.54
FFO of $139.7M or $1.17 per diluted share, up 20% from Q3 2021; net income $79.8M ($0.68/sh) including $0.15 gain on sale.
Kilroy Realty closes $400M unsecured term loan facility with SOFR-based pricing
$400M unsecured term loan, matures Oct 3, 2026, with two 1-year extension options.
Kilroy Realty Q2 FFO $1.17, revenue $271M, raises 2022 FFO guidance to $4.53-$4.63
Revenue $271.2M (+20% YoY); net income $47.1M ($0.40 diluted EPS), up 32% YoY.
All seven director nominees elected; Peter B. Stoneberg received 80.1M for, 26.1M against (75% of votes cast).
Kilroy Realty Q1 FFO $1.16/sh vs $0.98 YoY; guides FY22 FFO $4.44-$4.58
Net income $0.45/diluted share, revenues $265.5M; FFO per share $1.16 vs $0.98 prior year.
CFO Michelle Ngo resigns effective Feb 25; EVP Trencher named interim CFO
Michelle Ngo to depart Feb 25, 2022; receives $150K/month for 2 months transition support.
Kilroy Realty Q4 FFO $1.05/share; guides FY2022 FFO $4.35-$4.55
Q4 net income $0.40/diluted share, FFO $1.05 (both incl $0.11 early debt charge). Revenue $261.1M.
Kilroy Realty Q3 FFO $0.98, rev $232.3M; dividend up 4%, FY guidance $3.74-$3.80
Net income $47M ($0.40/share); FFO $116M ($0.98/share); revenues $232.3M.
Kilroy Realty L.P. issues $450M of 2.650% Senior Notes due 2033
Issued $450M aggregate principal of 2.650% Senior Notes maturing in 2033.
Kilroy Realty prices $450M 2.650% senior notes due 2033; to redeem $300M 3.800% notes due 2023
Issued $450M aggregate principal of 2.650% Senior Notes due 2033 at 99.957% of par; net proceeds ~$445.8M.
KRC Q2 EPS $0.30, FFO $0.88, acquires Indeed Tower for $580M, guides 2021 FFO $3.71-$3.82
Net income $35.8M ($0.30/diluted) vs $19.6M ($0.17) YoY; FFO $104.6M ($0.88) vs $93.1M ($0.78).
On May 12, 2025, the Company and Merryl Werber, Senior Vice President, Chief Accounting Officer and Controller of the Company, agreed that Ms. Werber will leave the Company as of January 9, 2026 (the “Separation Date”) to pursue other opportunities.
On July 30, 2024, the Board of Directors (the “Board”) of the Company appointed Jeffrey Kuehling to serve as Executive Vice President, Chief Financial Officer, effective on a date on or before September 3, 2024, to be mutually agreed between Mr. Kuehling and the Company (the “Transition Date”).
On December 6, 2023, the Board of Directors (“Board”) of Kilroy Realty Corporation (the “Company”) appointed Angela Aman to serve as Chief Executive Officer of the Company effective as of January 22, 2024 (the “Succession Date”).
On March 30, 2023, John B. Kilroy, Jr., Chief Executive Officer and Chairman of the Board of Directors of Kilroy Realty Corporation (the “Company”), announced his retirement as the Company’s Chief Executive Officer effective as of December 31, 2023.
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.
On February 1, 2023, the Company’s Board of Directors (the “Board”) appointed Mr. Trencher as Executive Vice President, Chief Financial Officer and Chief Investment Officer of the Company (no longer serving as Chief Financial Officer in an “interim” capacity).
On February 15, 2022, Michelle Ngo, Senior Vice President, Chief Financial Officer and Treasurer of Kilroy Realty Corporation (the “Company”), notified the Company that she had accepted a new employment opportunity. Ms. Ngo’s last day as an officer and employee of the Company will be February 25, 2022.
Eliott Trencher, currently Executive Vice President, Chief Investment Officer of the Company, will assume the additional offices of Chief Financial Officer and Treasurer of the Company and principal financial officer of the Company and Kilroy Realty, L.P., the Company’s operating partnership, effective as of the Transition Date.
Max materiality 0.85 · Median 0.65 · Most common event earnings