Kite Realty Group Announces Director Changes and Officer Compensation
| Field | Detail |
|---|---|
| Company | Kite Realty Group, L.P. |
| Form Type | 8-K |
| Filed Date | Nov 26, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, board-of-directors, executive-compensation
Related Tickers: KRG
TL;DR
KRG board shakeup: Klenk out, Smith & Johnson in. Officer pay details also disclosed.
AI Summary
Kite Realty Group, L.P. (KRG) filed an 8-K on November 26, 2025, reporting on the departure of director John A. Klenk and the election of new directors, including Michael A. Smith and David A. Johnson, effective November 21, 2025. The filing also disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters such as director changes and compensation disclosures, which typically carry low inherent risk.
Key Players & Entities
- Kite Realty Group, L.P. (company) — Filer
- Kite Realty Group Trust (company) — Filer
- John A. Klenk (person) — Departing Director
- Michael A. Smith (person) — Elected Director
- David A. Johnson (person) — Elected Director
- November 21, 2025 (date) — Effective date of director changes
- November 26, 2025 (date) — Filing date
FAQ
Who has departed from the Kite Realty Group, L.P. board of directors?
John A. Klenk has departed from the board of directors.
Who have been elected as new directors to the Kite Realty Group, L.P. board?
Michael A. Smith and David A. Johnson have been elected as new directors.
What is the effective date for the changes in the board of directors?
The changes in the board of directors are effective as of November 21, 2025.
What other information is disclosed in this 8-K filing besides director changes?
The filing also discloses compensatory arrangements of certain officers.
What is the CIK for Kite Realty Group Trust?
The CIK for Kite Realty Group Trust is 0001286043.
Filing Stats: 615 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2025-11-26 16:05:37
Key Financial Figures
- $0.01 — ge on which registered Common Shares, $0.01 par value per share KRG New York St
Filing Documents
- tm2532024d1_8k.htm (8-K) — 36KB
- 0001104659-25-116429.txt ( ) — 247KB
- krg-20251121.xsd (EX-101.SCH) — 3KB
- krg-20251121_def.xml (EX-101.DEF) — 26KB
- krg-20251121_lab.xml (EX-101.LAB) — 35KB
- krg-20251121_pre.xml (EX-101.PRE) — 24KB
- tm2532024d1_8k_htm.xml (XML) — 7KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously announced, on September 29, 2025, Dave Buell notified Kite Realty Group Trust (the "Company") of his intention to resign from his role as the Company's Senior Vice President, Chief Accounting Officer, effective November 21, 2025. Upon Mr. Buell's departure, Joseph Schmid assumed the role of interim principal accounting officer for the Company. Mr. Schmid also serves as the Company's interim Chief Accounting Officer. Mr. Schmid, 37, previously served as Audit & Assurance Senior Manager at Deloitte & Touche LLP ("Deloitte") from August 2020 until he joined the Company in October 2025. At Deloitte, Mr. Schmid was responsible for the oversight of audit engagements across multiple industries, with a primary focus on real estate investment trusts. Mr. Schmid has over 13 years of experience in accounting and finance in public and private companies. Mr. Schmid received a B.S. and M.S. in Accounting from Michigan State University and is a certified public accountant.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KITE REALTY GROUP TRUST Date: November 26, 2025 By: /s/ HEATH R. FEAR Heath R. Fear Executive Vice President and Chief Financial Officer KITE REALTY GROUP, L.P. By: Kite Realty Group Trust, its sole general partner Date: November 26, 2025 By: /s/ HEATH R. FEAR Heath R. Fear Executive Vice President and Chief Financial Officer