Stanley R. Perla - 12 Sep 2023 Form 4 Insider Report for Necessity Retail REIT, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 12 Sep 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Sep 2023, 17:43:40 UTC
Prior SEC filing: 12 Jul 2023
Next SEC filing: 17 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Stanley R. Perla

Key filing fact

Stanley R. Perla filed Form 4 for Necessity Retail REIT, Inc. on 13 Sep 2023.

Key facts

This page summarizes Stanley R. Perla's Form 4 filing for Necessity Retail REIT, Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 13 Sep 2023, 17:43.

Change

Previous filing in this sequence was filed on 12 Jul 2023.
Current net transaction value: $0.

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.

RTL transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -103,346
Change %: -100%
Price
Shares after: 0
Date: 12 Sep 2023
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Stanley R. Perla is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 1 footnote

Footnote F1

Disposed of pursuant to merger agreement between the Issuer, Global Net Lease, Inc. ("GNL") and certain other parties, dated May 23, 2023, in exchange for shares of GNL Common Stock, at an exchange ratio of 0.67 per share.