Form 4: Realty Income Corp: CFO Jonathan Pong Reports Stock Transaction
SEC Form 4
EVP, CFO & Treasurer of Realty Income Corp, Jonathan Pong, reports disposition of shares to cover tax obligations.
Summary
- On February 15, 2025, Jonathan Pong, EVP, CFO & Treasurer of Realty Income Corp, had 2,377 shares of common stock withheld to cover tax obligations.
- This transaction occurred following the issuance of 4,320 shares of common stock.
- The shares were withheld at a price of $54.49 per share, which was the closing sale price of Realty Income Corp's common stock on February 14, 2025.
- Following the transaction, Pong directly owns 36,825 shares of Realty Income Corp.
- The transaction was reported on February 19, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing sale price of Realty Income Corp's common stock was $54.49 on the New York Stock Exchange. |
| 02/15/2025 | Date of transaction: 2,377 shares of common stock withheld for tax obligations. |
| 02/19/2025 | Date of report filing. |
Keywords
Form 4, Insider Trading, Jonathan Pong, Realty Income Corp, Stock Transaction, Tax Withholding, O
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