Form 4: Realty Income Corp Executive Michelle Bushore Reports Stock Disposal for Tax Obligations

Michelle Bushore, an executive at Realty Income Corp, reported disposing of 218 shares of common stock to cover tax withholding obligations related to the issuance of shares.

Summary

• On February 8, 2025, Michelle Bushore, Executive Vice President, Chief Legal Officer, General Counsel and Secretary of Realty Income Corp, disposed of 218 shares of common stock.
• The transaction was to cover tax withholding obligations upon the issuance of 410 shares of common stock.
• The price per share was $54.12, based on the closing sale price of Realty Income Corp's common stock on the New York Stock Exchange on February 7, 2025.
• Following the transaction, Bushore directly owns 28,148 shares of Realty Income Corp.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate any positive or negative sentiment towards the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from stock-based compensation, a common practice in publicly traded companies.

Key Dates