Lisa Kabnick - Jul 11, 2023 Form 4 Insider Report for Necessity Retail REIT, Inc. (RTL)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RTL	Class A Common Stock	Award	$0	+12.6K	+7.68%	$0.00	176K	Jul 11, 2023	Direct	F1
holding	RTL	Class A Common Stock						71.7K	Jul 11, 2023	See footnote	F2
holding	RTL	Class A Common Stock						100K	Jul 11, 2023	See footnote	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents restricted shares of Class A common stock of The Necessity Retail REIT, Inc. (the "Registrant") issued pursuant to the 2021 Omnibus Incentive Compensation Plan of the Registrant, which vest on the one-year anniversary of June 29, 2023.
F2	The securities are held in the account of a limited liability partnership in which the reporting person's spouse is the general partner. The reporting person's spouse is the sole partner of the limited liability partnership. The reporting person disclaims ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F3	The securities are held in the account of a limited liability company in which the reporting person and her spouse are both managing members. The reporting person and her spouse are the sole owners of the limited liability company. The reporting person disclaims ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.