Michelle Lynn Miller - 17 Feb 2026 Form 4 Insider Report for NNN REIT, INC. (NNN)

Role
EVP,Chief Acctg & Tech Officer
Signature
/s/ Michelle Lynn Miller
Issuer symbol
NNN
Transactions as of
17 Feb 2026
Net transactions value
+$1,021,948
Form type
4
Filing time
18 Feb 2026, 16:08:44 UTC
Previous filing
22 Aug 2025
Next filing
23 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Miller Michelle Lynn EVP,Chief Acctg & Tech Officer 450 SOUTH ORANGE AVE, SUITE 900, ORLANDO /s/ Michelle Lynn Miller 18 Feb 2026 0001667683

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNN Common Stock Award $180,331 +4,067 +5% $44.34 85,817 17 Feb 2026 Direct F1
transaction NNN Common Stock Award $841,618 +18,981 +22% $44.34 104,798 17 Feb 2026 Direct F2
transaction NNN Common Stock Disposed to Issuer $0 -6,981 -6.7% $0.000000 97,817 17 Feb 2026 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares will vest 25% annually beginning 2027 through 2030. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares.
F2 Shares will vest on January 1, 2029 based upon achieving certain total shareholder returns. The Reporting Person has no dividend rights on these shares until the shares have vested.
F3 Restriced shares forfeited as a result of cerain conditions not being met.