Getty Realty sets $300K exit deal for ex accounting chief

Q: What is the purpose of Getty Realty Corp. (GTY)'s latest 8-K/A amendment?

The amendment provides a summary of the separation agreement between Getty Realty Corp. and former Chief Accounting Officer Eugene Shnayderman, including his cash separation payment, benefits reimbursements, and the treatment of his restricted stock units upon his August 14, 2026 separation.

Q: How much is the cash separation payment disclosed by GTY for Eugene Shnayderman?

The separation agreement provides a cash separation payment of $300,000 to Eugene Shnayderman, subject to applicable withholding taxes, in connection with his separation from Getty Realty Corp. on August 14, 2026.

Q: What benefits reimbursement does Getty Realty Corp. (GTY) agree to provide under the separation agreement?

Getty Realty Corp. agrees to reimburse COBRA premiums for Eugene Shnayderman and his eligible dependents through February 28, 2027, payable in a lump sum within 30 days of the August 14, 2026 separation date, plus certain other reimbursements described in the agreement.

Q: How many restricted stock units does Eugene Shnayderman hold according to GTY's filing?

As of the separation date, Eugene Shnayderman holds 108,650 restricted stock units (RSUs) of Getty Realty Corp., of which 62,750 are already vested under the company’s Third Amended and Restated 2004 Omnibus Incentive Compensation Plan.

Q: How will Eugene Shnayderman’s vested and unvested RSUs be settled at Getty Realty Corp. (GTY)?

The Time-Vested RSUs (62,750) will be settled in shares of Getty Realty Corp. common stock under the award agreement. The remaining RSUs will fully vest as of the separation date and be settled in a lump-sum cash payment equal to the fair market value per share on the settlement date.

Q: When did Nicole Rapport succeed Eugene Shnayderman as Chief Accounting Officer at GTY?

Getty Realty Corp. previously reported that Nicole Rapport would succeed Eugene Shnayderman as Chief Accounting Officer, with Mr. Shnayderman’s last day at the company on August 14, 2026; the current amendment focuses on the related separation agreement.

Filing Impact

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Form Type

8-K/A

Rhea-AI Filing Summary

GETTY REALTY CORP. (GTY) reports an amendment describing a separation agreement with former Chief Accounting Officer Eugene Shnayderman, whose separation date was August 14, 2026. The agreement provides a $300,000 cash separation payment, payment for accrued unused paid time off, and reimbursement of COBRA premiums for him and eligible dependents through February 28, 2027. As of the separation date, he holds 108,650 restricted stock units (RSUs), of which 62,750 are already vested under the company’s incentive plan. The vested RSUs will be settled in shares of common stock, and the remaining RSUs will fully vest and be settled in a lump-sum cash payment based on fair market value per share after the effective date of the separation agreement.

Filing Explained

The filing does not include the complete separation agreement; it says the full text, including other reimbursement terms, will be filed as an exhibit to the company’s Form 10-Q for the quarter ending September 30, 2026.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Cash separation payment: $300,000 COBRA reimbursement period end date: February 28, 2027 Restricted stock units held: 108,650 RSUs +2 more

5 metrics

Cash separation payment $300,000 Cash separation payment to Eugene Shnayderman under the Separation Agreement

COBRA reimbursement period end date February 28, 2027 End date for reimbursed COBRA premiums for Mr. Shnayderman and eligible dependents

Restricted stock units held 108,650 RSUs Total RSUs held by Mr. Shnayderman as of the Separation Date

Vested restricted stock units 62,750 RSUs Time-Vested RSUs already vested as of the Separation Date

Separation Date August 14, 2026 Mr. Shnayderman’s last day with Getty Realty Corp.

Key Terms

restricted stock units, COBRA premiums, fair market value, Separation Agreement

4 terms

restricted stock units financial

"as of the Separation Date Mr. Shnayderman holds 108,650 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

COBRA premiums financial

"reimbursement of COBRA premiums for Mr. Shnayderman and his eligible dependents"

fair market value financial

"cash payment equal to the fair market value per share on the settlement date"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

Separation Agreement financial

"the Separation Agreement between Mr. Shnayderman and the Company"

A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the purpose of Getty Realty Corp. (GTY)'s latest 8-K/A amendment?

The amendment provides a summary of the separation agreement between Getty Realty Corp. and former Chief Accounting Officer Eugene Shnayderman, including his cash separation payment, benefits reimbursements, and the treatment of his restricted stock units upon his August 14, 2026 separation.

How much is the cash separation payment disclosed by GTY for Eugene Shnayderman?

The separation agreement provides a cash separation payment of $300,000 to Eugene Shnayderman, subject to applicable withholding taxes, in connection with his separation from Getty Realty Corp. on August 14, 2026.

What benefits reimbursement does Getty Realty Corp. (GTY) agree to provide under the separation agreement?

Getty Realty Corp. agrees to reimburse COBRA premiums for Eugene Shnayderman and his eligible dependents through February 28, 2027, payable in a lump sum within 30 days of the August 14, 2026 separation date, plus certain other reimbursements described in the agreement.

How many restricted stock units does Eugene Shnayderman hold according to GTY's filing?

As of the separation date, Eugene Shnayderman holds 108,650 restricted stock units (RSUs) of Getty Realty Corp., of which 62,750 are already vested under the company’s Third Amended and Restated 2004 Omnibus Incentive Compensation Plan.

How will Eugene Shnayderman’s vested and unvested RSUs be settled at Getty Realty Corp. (GTY)?

The Time-Vested RSUs (62,750) will be settled in shares of Getty Realty Corp. common stock under the award agreement. The remaining RSUs will fully vest as of the separation date and be settled in a lump-sum cash payment equal to the fair market value per share on the settlement date.

When did Nicole Rapport succeed Eugene Shnayderman as Chief Accounting Officer at GTY?

Getty Realty Corp. previously reported that Nicole Rapport would succeed Eugene Shnayderman as Chief Accounting Officer, with Mr. Shnayderman’s last day at the company on August 14, 2026; the current amendment focuses on the related separation agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/20/2026 - 04:45 PM EDT Accepted by SEC EDGAR 08/20/2026 - 04:45 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 28, 2026

GETTY REALTY CORP.

(Exact name of Registrant as Specified in Its Charter)

Maryland

001-13777

11-3412575

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

292 Madison Avenue, 9^th Floor,

New York, New York

10017-6318

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (646) 349-6000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	GTY	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 3, 2026, Getty Realty Corp. (the “Company”) filed with the Securities and Exchange Commission a Current Report on Form 8-K (the “Initial Report”) for, among other things, the purpose of reporting that Nicole Rapport would succeed Eugene Shnayderman as Chief Accounting Officer and that Mr. Shnayderman’s last day with the Company would be August 14, 2026 (the “Separation Date”). The purpose of this Current Report on Form 8-K/A is to amend the Initial Report by providing a summary of the separation agreement between Mr. Shnayderman and the Company entered into on August 14, 2026 (the “Separation Agreement”), which was executed subsequent to the filing of the Initial Report.

Pursuant to the Separation Agreement, Mr. Shnayderman will receive the following (all subject to applicable withholding taxes): (i) a cash separation payment of $300,000; (ii) payment for any accrued and unused paid time off days as of the Separation Date; (iii) reimbursement of COBRA premiums for Mr. Shnayderman and his eligible dependents through February 28, 2027, payable in a lump sum within 30 days of the Separation Date; and (iv) certain other reimbursements as described in the Separation Agreement.

Pursuant to the Separation Agreement, as of the Separation Date Mr. Shnayderman holds 108,650 restricted stock units (the “RSUs”), of which 62,750 were already vested in accordance with the vesting schedule of the Getty Realty Corp. Third Amended and Restated 2004 Omnibus Incentive Compensation Plan (the “Time-Vested RSUs”). The remaining unvested RSUs will be fully vested as of the Separation Date (the “Accelerated RSUs”). The Time-Vested RSUs will be settled in shares of the Company’s common stock per the terms of the award agreement. The Accelerated RSUs will be settled in a lump-sum cash payment equal to the fair market value per share on the settlement date as soon as reasonably practicable after the effective date of the Separation Agreement.

The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which will be filed as an Exhibit to the Company’s Quarterly Report on Form 10-Q for the period ending September 30, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


	GETTY REALTY CORP.

Date: August 20, 2026	By:	/s/ Brian R. Dickman
		Brian R. Dickman
		Executive Vice President
		Chief Financial Officer and Treasurer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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