Mark E. Hagan - 31 Dec 2025 Form 4 Insider Report for REALTY INCOME CORP (O)

Signature
/s/ Bianca Martinez, by Power of Attorney
Issuer symbol
O
Transactions as of
31 Dec 2025
Net transactions value
-$561,276
Form type
4
Filing time
05 Jan 2026, 16:49:15 UTC
Previous filing
14 Mar 2025
Next filing
18 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hagan Mark E EVP, Chief Investment Officer 11995 EL CAMINO REAL, SAN DIEGO /s/ Bianca Martinez, by Power of Attorney 05 Jan 2026 0001741486

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction O Common Stock Tax liability $453,891 -8,052 -9% $56.37 81,378 31 Dec 2025 Direct F1, F2
transaction O Common Stock Tax liability $43,743 -776 -0.95% $56.37 80,602 01 Jan 2026 Direct F2, F3
transaction O Common Stock Tax liability $63,642 -1,129 -1.4% $56.37 79,473 01 Jan 2026 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents shares automatically withheld upon the vesting of 14,875 performance shares on December 31, 2025 and 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. These performance shares were previously reported as a result of the Company having met certain performance criteria pursuant to the reporting person's grant on February 14, 2022.
F2 Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on December 31, 2025.
F3 This amount represents shares automatically withheld upon the vesting of 1,289 restricted shares of common stock on January 1, 2026 and 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.
F4 This amount represents shares automatically withheld upon the vesting of 1,876 restricted shares of common stock on January 1, 2026 and 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.

Remarks:

Exhibit 24 - Power of Attorney