Mark E. Hagan - 12 Feb 2024 Form 4 Insider Report for REALTY INCOME CORP (O)

Reporting relationship: EVP, Chief Investment Officer
Issuer ticker: O
Reported as of: 12 Feb 2024
Net transaction value: -$370,323
SEC form: 4
Accepted by SEC: 14 Feb 2024, 19:29:53 UTC
Prior SEC filing: 03 Jan 2024
Next SEC filing: 03 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Bianca Martinez, by Power of Attorney

Key filing fact

Mark E. Hagan filed Form 4 for REALTY INCOME CORP (O) on 14 Feb 2024.

Key facts

This page summarizes Mark E. Hagan's Form 4 filing for REALTY INCOME CORP (O).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Feb 2024, 19:29.

Change

Previous filing in this sequence was filed on 03 Jan 2024.
Current net transaction value: -$370,323.

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

Reported non-derivative transactions

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

O transaction

Common Stock

Award

Transaction value: $0
Shares: +20,571
Change %: +52%
Price: $0.000000
Shares after: 60,035
Date: 12 Feb 2024
Ownership: Direct
Footnotes: F1

O transaction

Common Stock

Tax liability

Transaction value: $297,849
Shares: -5,655
Change %: -9.4%
Price: $52.67
Shares after: 54,380
Date: 12 Feb 2024
Ownership: Direct
Footnotes: F2, F3

O transaction

Common Stock

Award

Transaction value: $0
Shares: +5,007
Change %: +9.2%
Price: $0.000000
Shares after: 59,387
Date: 12 Feb 2024
Ownership: Direct
Footnotes: F4

O transaction

Common Stock

Tax liability

Transaction value: $72,474
Shares: -1,376
Change %: -2.3%
Price: $52.67
Shares after: 58,011
Date: 12 Feb 2024
Ownership: Direct
Footnotes: F3, F5

O transaction

Common Stock

Award

Transaction value: $0
Shares: +9,806
Change %: +17%
Price: $0.000000
Shares after: 67,817
Date: 12 Feb 2024
Ownership: Direct
Footnotes: F6

^* 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

Represents performance shares awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant on February 17, 2021. Fifty percent of the performance shares immediately vested. The remaining fifty percent are subject to time vesting through January 1, 2025.

Footnote F2

Represents shares automatically withheld upon the issuance of 10,286 shares of common stock on February 12, 2024, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.

Footnote F3

Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 12, 2024.

Footnote F4

Represents performance shares awarded as a result of the Company having met certain performance criteria, pursuant to the reporting person's grant on November 15, 2021. Fifty percent of the performance shares immediately vested. The remaining fifty percent are subject to time vesting through December 31, 2024.

Footnote F5

Represents shares automatically withheld upon the issuance of 2,503 shares of common stock on February 12, 2024, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.

Footnote F6

Shares granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.