Form 4: Realty Income EVP Hagan Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief Investment Officer of Realty Income, Mark E Hagan, reports a transaction involving common stock due to tax withholding upon the issuance of shares.
Summary
- Mark E Hagan, EVP and Chief Investment Officer of Realty Income Corp, filed a Form 4 on February 19, 2025.
- The report details a transaction on February 15, 2025, where 1,340 shares of common stock were disposed of to cover tax obligations.
- This disposal occurred automatically upon the issuance of 2,452 shares of common stock.
- The price per share for the transaction was $54.49, reflecting the closing sale price on February 14, 2025.
- Following the transaction, Hagan beneficially owns 56,949 shares of Realty Income Corp.
- The transaction was related to tax withholding requirements.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock disposal.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing sale price of Realty Income's common stock on the New York Stock Exchange. |
| 02/15/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 02/19/2025 | Date the Form 4 was signed. |
Keywords
Form 4, Realty Income, Hagan, Stock Transaction, Beneficial Ownership, Tax Withholding, EVP, Chief Investment Officer
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