Form 4: Realty Income Executive Neil Abraham Reports Stock Transaction
SEC Form 4 Filing
Neil Abraham, a Realty Income Corp executive, reports the withholding of 1,361 common stock shares to cover tax obligations related to the issuance of 2,489 shares on February 15, 2025.
Summary
- On February 19, 2025, Neil Abraham, President of Realty Income International, Executive Vice President, and Chief Strategy Officer, filed a Form 4.
- The form reports a transaction on February 15, 2025, where 1,361 shares of Realty Income Corp common stock were withheld to cover tax obligations.
- This withholding occurred in connection with the issuance of 2,489 shares of common stock.
- The price per share for the withholding was $54.49, based on the closing sale price on February 14, 2025.
- Following the transaction, Abraham directly owns 50,340 shares of Realty Income Corp common stock.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to stock issuance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding related to stock issuance.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing sale price of Realty Income Corp common stock on the New York Stock Exchange. |
| 02/15/2025 | Issuance of 2,489 shares of common stock and withholding of 1,361 shares for tax obligations. |
| 02/19/2025 | Date of Form 4 filing by Neil Abraham. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Realty Income Corp, Neil Abraham, Tax Withholding, Common Stock
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