Form 4: Realty Income Director Reports Stock Grant

Realty Income Director Michael D. McKee reported the acquisition of 3,214 shares of common stock under an incentive plan.

Summary

• Michael D. McKee, a Director at Realty Income Corp., reported a transaction on May 21, 2026.
• He acquired 3,214 shares of common stock through an incentive plan, with no consideration paid.
• These shares vest immediately upon grant.
• Following this transaction, McKee beneficially owns 144,046 shares indirectly through various trusts and LLCs, in addition to direct ownership.
• The filing also notes indirect ownership of 12,800 shares through LLCs (MCCR Holdings, LLC and MCC Ventures, LLC) and 19,500 shares through an IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock grant to a director under an incentive plan, with no immediate indication of significant positive or negative financial impact.

Positives

• Director Michael D. McKee received a grant of 3,214 shares of common stock, indicating continued alignment with shareholder interests.
• The shares were granted under an incentive plan with no cost to the reporting person, suggesting a form of compensation or reward.
• Immediate vesting of the granted shares indicates full ownership rights upon receipt.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing indicates a routine stock grant to a director, which is common in executive compensation structures within the Real Estate Investment Trust (REIT) sector.

Stakeholder Impact

• Shareholders: The grant of shares to a director reinforces alignment of interests between management and shareholders, a positive signal for governance.
• Employees: While not directly impacting all employees, such incentive plans can be part of a broader compensation strategy that may extend to other personnel.

Key Dates

Keywords

Realty Income Corp, Form 4, SEC Filing, Director, Stock Grant, Beneficial Ownership, Incentive Plan, Michael D. McKee