Form 4: Realty Income Corp Director Michael McKee Acquires 4,000 Shares Through Incentive Plan
SEC Form 4 Filing
Director Michael McKee reports acquiring 4,000 shares of Realty Income Corp through an incentive plan on May 30, 2024.
Summary
- Michael McKee, a director of Realty Income Corp, reported a transaction on May 30, 2024.
- He acquired 4,000 shares of common stock through an incentive plan at a price of $0 per share.
- These shares vest immediately.
- Following the transaction, Mr. McKee directly owns 137,200 shares through a trust, 12,800 shares through LLCs, and 19,500 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The acquisition of shares through an incentive plan is mildly positive, but overall, the document is informational.
Positives
- The acquisition of shares through an incentive plan could be seen as a positive sign, aligning the director's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| February 11, 1995 | Date of The McKee Family Trust |
| May 30, 2024 | Date of transaction: acquisition of 4,000 shares |
| June 03, 2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.