Form 4: Realty Income Corp Executive Michelle Bushore Reports Stock Transaction
SEC Filing
Michelle Bushore, an executive at Realty Income Corp, reports the withholding of 1,081 common stock shares to cover tax obligations.
Summary
- On February 15, 2025, Michelle Bushore, Executive Vice President, Chief Legal Officer, General Counsel and Secretary of Realty Income Corp, had 1,081 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $54.49 per share, based on the closing sale price of Realty Income Corp's common stock on February 14, 2025.
- Following the transaction, Bushore directly owns 27,067 shares of Realty Income Corp.
- The transaction was reported on February 19, 2025.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (tax withholding) and has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the stock's performance. This filing indicates a standard tax withholding event, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding event.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing sale price of Realty Income Corp's common stock used for tax withholding calculation. |
| 02/15/2025 | Date of the stock transaction (tax withholding). |
| 02/19/2025 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Realty Income Corp, Michelle Bushore, Tax Withholding, Common Stock
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