Thomas K. McGowan - 19 Feb 2026 Form 4 Insider Report for KITE REALTY GROUP TRUST (KRG)

Reporting relationship: President & COO
Issuer ticker: KRG
Reported as of: 19 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 Feb 2026, 19:00:34 UTC
Prior SEC filing: 20 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Thomas K. McGowan

Key filing fact

Thomas K. McGowan filed Form 4 for KITE REALTY GROUP TRUST (KRG) on 23 Feb 2026.

Key facts

This page summarizes Thomas K. McGowan's Form 4 filing for KITE REALTY GROUP TRUST (KRG).
4 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 23 Feb 2026, 19:00.

Change

Previous filing in this sequence was filed on 20 Feb 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001295832 Primary reporting owner

McGowan Thomas K

Relationship: President & COO
Address: KITE REALTY GROUP TRUST, 30 S MERIDIAN STREET, SUITE 1100, INDIANAPOLIS
Signature: /s/ Thomas K. McGowan
Signature date: 23 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KRG holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 106,028
Date: 19 Feb 2026
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KRG transaction Derivative

Limited Partnership Units of Kite Realty Group, L.P.

Award

Transaction value: $0
Shares: +45,153
Change %: +5.3%
Price: $0.000000
Shares after: 892,577
Date: 19 Feb 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 45,153
Exercise price
Footnotes: F1, F2

KRG transaction Derivative

Limited Partnership Units of Kite Realty Group, L.P.

Award

Transaction value: $0
Shares: +36,577
Change %: +4.1%
Price: $0.000000
Shares after: 929,154
Date: 19 Feb 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 36,577
Exercise price
Footnotes: F1, F3

KRG transaction Derivative

Limited Partnership Units - Kite Realty Group, LP (AO LTIPs)

Options Exercise

Transaction value: $0
Shares: -149,254
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 23 Feb 2026
Ownership: Direct
Underlying class: Limited Partnership Units of Kite Realty Group, L.P.
Underlying amount: 149,254
Exercise price: $16.69
Footnotes: F4, F5

KRG transaction Derivative

Limited Partnership Units of Kite Realty Group, L.P.

Options Exercise

Transaction value: $0
Shares: +50,245
Change %: +5.4%
Price: $0.000000
Shares after: 979,399
Date: 23 Feb 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 50,245
Exercise price
Footnotes: F6

KRG holding Derivative

Limited Partnership Units of Kite Realty Group, L.P.

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,000
Date: 19 Feb 2026
Ownership: By irrevocable trust
Underlying class: Common Shares
Underlying amount: 5,000
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Common Shares of beneficial interest, par value of $0.01 per share (the "Common Shares"), are issued upon the redemption and tender of Limited Partnership Units ("LP Units") of Kite Realty Group, L.P. on a one-for-one basis. LP Units have no expiration date.

Footnote F2

Represents the grant of LTIP Units (as defined below) pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan, as amended (the "Plan"). These LTIP Units will vest in equal amounts on February 19, 2027, February 19, 2028, and February 19, 2029, subject to continued service by the reporting person through the applicable vesting date. LTIP Units ("LTIP Units") are a class of LP Units that, if vested, are convertible at the option of the holder, conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into an equal number of LP Units.

Footnote F3

Represents LTIP Units under the Plan, which were earned based on the achievement of certain performance measures during the three-year performance period ended February 13, 2026.

Footnote F4

The reporting person previously received a grant of AO LTIPs pursuant to the Plan. AO LTIPs are similar to "net exercise" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Kite Realty Group, L.P. designated as LTIP Units, determined by the quotient of (i) the excess of the value of a Common Share of Kite Realty Group Trust as of the date of the conversion over $16.69 (the "Participation Threshold per AO LTIP"), divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIPs have been converted are further convertible, [footnote continued]

Footnote F5

[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of LP Units. The resulting LP Units are redeemable by the holder for one Common Share per LP Unit or the cash value of a Common Share, at the Issuer's option. The AO LTIPs vested and became exercisable as of the date that both of the following requirements were met: (i) the grantee remains in continuous service from the grant date through the third anniversary of the grant date; and (ii) at any time during the period between the first year and the fifth anniversaries of the grant date, the reported closing price per Common Share appreciates at least 15% over the applicable Participation Threshold per AO LTIP (as set forth in the table above) for a minimum of 20 consecutive trading days. Under the award agreement, the AO LTIPs have a ten-year term from the grant date.

Footnote F6

LP Units are redeemable for an equal number of Common Shares or, at the election of Kite, cash equal to the fair market value of such shares. LP Units have no expiration date.