Kilroy Realty Corp KRC
New risk paragraphs, branching off last year
Each branch is a paragraph in Risk Factors with nothing like it in the 10-K filed Feb 13, 2025. A box jumps to the paragraph as filed, below.
Paragraphs with nothing like them in last year's 10-K
11 paragraphs in Risk Factors of the 10-K filed Feb 11, 2026 with nothing like them in the 10-K filed Feb 13, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
•The Company’s charter contains provisions that may delay, deter, or prevent a change of control transaction.
income and operating cash flows at the property level. However, there can be no assurance that our tenants would be able to absorb these expense increases and be able to continue to pay us their portion of operating expenses, capital expenditures, and rent.
environment could impact our ability to generate revenues sufficient to meet our operating expenses or other obligations, which would adversely impact us.
health and safety laws and regulations could require us to incur costs or liabilities that could be material. See “Item 1. Business —Environmental Regulations and Potential Liabilities” and Note 17 “Commitments and Contingencies” to our consolidated financial statements included in this report.
We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, and other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers. Our business depends on the availability, integrity and confidentiality of our IT and OT systems and related data, including systems supporting accounting, financial reporting, operations, leasing, communications, and building operations. Our OT environment includes building management and automation systems, access control, HVAC, energy management and other systems that support the operation of our properties and, in some cases, are critical to the operations of certain of our tenants.
Show the other 3
We also rely on numerous third‑party service providers and cloud‑based platforms for accounting, financial, operational, management, and other operational and data-related. Many of these third‑party systems and services are essential to our operations, but we do not control them, and certain third parties have access to systems that we use. As a result, we are exposed to risks arising from third‑party failures, security breaches and disruptions, including supply‑chain vulnerabilities (such as compromises of software, cloud platforms, managed services or other vendors), as well as misconfigurations, outages or other events that may occur in environments outside of our control.
The liabilities and costs associated with security breaches are significant and, depending on the incident, may include litigation and governmental investigations, as well as damages, fines, penalties or injunctive relief that requires us to make changes to our business practices. In addition, cybersecurity incidents may trigger disclosure obligations, breach notification requirements or other regulatory reporting, and compliance with numerous and evolving laws, regulations and industry standards relating to data privacy, cybersecurity and the protection of information is challenging and expensive. Failure to comply with these requirements could subject us to regulatory scrutiny and additional liability and could increase our operating costs.
• compromise the integrity, accuracy or availability of data, including data used in our financial accounting and reporting systems;
• disrupt or degrade business operations, including our ability to operate, monitor or maintain building systems relied on by our tenants;
• result in business email compromise, fraudulent payment instructions or other financial fraud;
• harm our reputation among tenants, investors, employees and other stakeholders.
Paragraphs in the 10-Q filed Oct 23, 2026 that were not in the one before
New in the latest 10-Q
7 paragraphs in the 10-Q filed Oct 23, 2026 with nothing like them in the 10-Q filed Jul 28, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
During the three months ended September 30, 2026, the Company’s East Village land parcel was subject to a signed purchase and sale agreement and non-refundable deposits and is targeted to close during the fourth quarter for an estimated sales price of $ 19.5 million, subject to buyer’s completion of certain due diligence procedures. The carrying value of the parcel was approximately $ 63.1 million at September 30, 2026. No impairment was recorded as of September 30, 2026 as the property did not meet held-for-sale criteria and was deemed recoverable based on a probability-weighted undiscounted future cash flow assessment.
Read in the 10-Q
Our land holdings have historically been intended for future development. As a result of current market conditions, we continue to evaluate the timing, scope, and economic viability of the development of these assets, as well as alternative strategies. Although our probability-weighted impairment analyses did not result in the recognition of an impairment loss as of September 30, 2026, a change in our development plans, intended use, or anticipated holding period, or changes in the expected economics of future development, could result in an impairment loss in a future period.
Read in the 10-Q
Average Occupancy (1) Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 Stabilized Office & Life Science Portfolio (2) 76.8% 80.7% 77.3% 81.0% Same Property Portfolio (3) 81.2% 81.6% 81.7% 81.5% Residential Portfolio (4) 94.8% 93.2% 95.1% 94.1%
Read in the 10-Q
Future Development Pipeline Location Approx. Developable Square Feet / Residential Units (1) Total Costs-to-Date
Read in the 10-Q
(4) Anticipated to close during the fourth quarter for an estimated sales price of $19.5 million. No impairment was recorded as of September 30, 2026 as the property did not meet held for sale criteria and was deemed recoverable based on a probability-weighted undiscounted future cash flow assessment.
Read in the 10-Q
Show the other 2
Our land holdings have historically been intended for future development. As a result of current market conditions, we continue to evaluate the timing, scope, and economic viability of the development of these assets, as well as alternative strategies. Although our probability-weighted impairment analyses did not result in the recognition of an impairment loss as of September 30, 2026, a change in our development plans, intended use, or anticipated holding period, or changes in the expected economics of future development, could result in an impairment loss in a future period.
Read in the 10-Q
Item 6
10.1*† Confidential Separation Agreement and Release of Claims by and between Kilroy Realty Corporation, Kilroy Realty, L.P., and Jeffrey Kuehling effective as of August 11, 2026
Read in the 10-Q
The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Oct 23, 2026 against Item 1A of the 10-K filed Feb 11, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:There have been no material changes to the risk factors included in the Company’s and the Operating Partnership’s annual report on Form 10-K for the year ended December 31, 2025.
Read in the 10-Q
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
Phrases used for the first time
Two-word phrases in Risk Factors of the 10-K filed Feb 11, 2026 that are in none of the 1 earlier 10-Ks stored, back to Feb 13, 2025
Where each one is used
- metropolitan area: •All of our properties are located in California, the Seattle, Washington Metropolitan Area, and the Austin, Texas Metropolitan Area and we may therefore be susceptible to adverse economic conditions and regulations, as well as natural disasters, in those areas.
- third party: •We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, or other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers.
- washington metropolitan: •All of our properties are located in California, the Seattle, Washington Metropolitan Area, and the Austin, Texas Metropolitan Area and we may therefore be susceptible to adverse economic conditions and regulations, as well as natural disasters, in those areas.
- texas metropolitan: •All of our properties are located in California, the Seattle, Washington Metropolitan Area, and the Austin, Texas Metropolitan Area and we may therefore be susceptible to adverse economic conditions and regulations, as well as natural disasters, in those areas.
- party service: •We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, or other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers.
- breaches cyberattacks: •We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, or other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers.
- cyberattacks cyber: •We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, or other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers.
- systems operational: •We face risks associated with perceived or actual security breaches, cyberattacks, cyber intrusions, or other significant disruptions of our information technology ("IT") systems, operational technology ("OT") systems, networks and related systems, including those of our third‑party service providers.
Used at least twice, small words left out. Counted, not picked: a phrase can be new because the company renamed something.
What was taken out
17 paragraphs of last year's Risk Factors with nothing like them now. The longest are quoted.
Sources
Item 1A of each 10-K and 10-Q on EDGAR, quoted exactly. Each paragraph links to the filing at sec.gov.
Also
10-K change: what was reworded or cut, section by section.
Work with it
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/KRC/export.csv") into a cell.