Form 4: NNN REIT Director Pamela K.M. Beall Acquires Shares Through Stock Award
SEC Form 4 Filing
Director Pamela K.M. Beall acquired 787 shares of NNN REIT, INC. through a stock award on July 31, 2024.
Summary
- On July 31, 2024, Pamela K.M. Beall, a director of NNN REIT, INC., acquired 787 shares of common stock.
- The acquisition was made through a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended in 2023.
- The price per share was $46.1.
- Following the transaction, Beall indirectly owns 30,513 shares through a family trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of shares by a director is generally viewed as a positive signal, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Acquisition of 787 shares of common stock. |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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