Form 4: NNN REIT Executive Jonathan Adamo Sells 5,000 Shares
SEC Form 4
Jonathan Adamo, EVP of Portfolio Operations at NNN REIT, sold 5,000 shares of common stock at $47.10 per share on August 26, 2024.
Summary
- On August 26, 2024, Jonathan Adamo, the EVP of Portfolio Operations at NNN REIT, sold 5,000 shares of the company's common stock.
- The sale price was $47.10 per share.
- Following the transaction, Adamo directly owns 71,251 shares of NNN REIT.
- The transaction was reported on August 27, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction: Jonathan Adamo sold 5,000 shares of NNN REIT common stock. |
| 08/27/2024 | Date of report: Form 4 filing date. |
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