Form 4: Realty Income EVP Shannon Kehle Reports Changes in Beneficial Ownership

EVP and Chief People Officer of Realty Income, Shannon Kehle, reports changes in beneficial ownership of common stock due to tax withholding and dividend reinvestment.

Summary

• On February 15, 2025, Shannon Kehle, EVP and Chief People Officer of Realty Income Corp, reported changes in beneficial ownership of the company's common stock.
• 646 shares were automatically withheld for tax purposes upon the issuance of 1,187 shares of common stock.
• The withholding price was $54.49 per share, reflecting the closing sale price on February 14, 2025.
• Kehle also acquired 116 shares through the company's dividend reinvestment plan.
• Following these transactions, Kehle beneficially owns 21,399 shares of Realty Income Corp common stock.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and dividend reinvestment, indicating a neutral sentiment.

Positives

• The acquisition of 116 shares through the dividend reinvestment plan indicates continued investment in the company by the reporting person.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard activity related to stock-based compensation and dividend reinvestment.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and dividend reinvestment.

Key Dates

Keywords

beneficial ownership, Form 4, Realty Income Corp, Shannon Kehle, common stock, dividend reinvestment, tax withholding