Form 4: Realty Income Executive Neil Abraham Reports Share Disposal for Tax Obligations

Neil Abraham, a Realty Income Corp executive, reported disposing of 8,143 shares to cover tax obligations arising from the issuance of common stock.

Summary

• On March 14, 2025, Neil Abraham, President of Realty Income International and Executive Vice President, Chief Strategy Officer of Realty Income Corp, filed a Form 4.
• The filing reports the disposal of 8,143 shares of common stock at a price of $55.23 per share.
• This transaction was to cover tax withholding obligations related to the issuance of 15,107 shares of common stock on February 18, 2025.
• Following the transaction, Abraham directly owns 83,388 shares of Realty Income Corp.
• The shares were automatically withheld based on the greater of the minimum required tax withholding rate or the highest permitted withholding rate.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. The transaction itself is related to tax obligations, which is a neutral event.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related share disposal, common after stock grants or vesting events.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares to cover tax obligations.

Key Dates