Form 4: Realty Income Corp: Insider Sells Shares
Insider Transaction Filing
Realty Income Corp reports a transaction where Senior Vice President Neale Redington disposed of 240 shares of common stock.
Summary
- Neale Redington, Senior Vice President and Chief Accounting Officer of Realty Income Corp, disposed of 240 shares of common stock.
- The transaction occurred on June 27, 2026.
- The shares were automatically withheld for tax purposes upon the issuance of 477 shares of common stock.
- The withholding amount was based on the greater of the minimum required tax withholding rate or the highest permitted rate.
- The sale price reflected the closing price of the Issuer's common stock on June 26, 2026, which was $63.12 per share.
- Following the transaction, Redington beneficially owns 23,618 shares of common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative event due to insider selling, although the reason for the sale (tax withholding) mitigates significant concern.
Negatives
- Insider (Senior Vice President) disposed of company stock.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling, particularly for tax withholding purposes, is a common occurrence and not necessarily indicative of a negative outlook on the company's future performance. However, any disposal of shares by management warrants attention.
Stakeholder Impact
- Shareholders may view insider selling with caution, although the tax withholding nature of this transaction is a common and often unavoidable reason for such sales.
Key Dates
| Date | Description |
|---|---|
| 06/26/2026 | Closing sale price of Issuer's common stock reported on the New York Stock Exchange. |
| 06/27/2026 | Transaction date for the disposal of 240 shares of common stock. |
| 06/30/2026 | Signature date of the filing. |
Keywords
Realty Income Corp, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Common Stock, Neale Redington
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.