Form 4: Realty Income Corp Executive Whyte Gregory J. Reports Stock Transaction
SEC Filing
EVP and Chief Operating Officer of Realty Income Corp, Gregory J. Whyte, reports disposition of shares to cover tax obligations.
Summary
- On February 15, 2025, Gregory J. Whyte, EVP and Chief Operating Officer of Realty Income Corp, reported a transaction involving the company's common stock.
- A total of 1,107 shares were disposed of at a price of $54.49 per share to cover tax withholding obligations.
- Following the transaction, Whyte directly owns 6,250 shares of Realty Income Corp.
- The shares were automatically withheld upon the issuance of 1,840 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives covering tax obligations through stock disposals.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of the stock transaction (disposal of shares). |
| 02/14/2025 | Closing sale price of the Issuer's common stock as reported on the New York Stock Exchange. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Insider Trading, Stock Transaction, Realty Income Corp, Whyte Gregory J., Executive Compensation, Share Disposal
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