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Getty Realty Corp. reported strong first quarter 2026 results with higher earnings and a guidance increase. Net earnings rose to $26.6M, or $0.43 per diluted share, compared with $14.8M, or $0.25, a year earlier. Revenues from rental properties grew to $57.4M from $51.7M, as base rental income increased 12.5% to $55.8M, driven by acquisitions and rent escalations.
FFO increased to $42.7M, or $0.69 per share, from $31.7M, or $0.56, while AFFO rose to $39.0M, or $0.63 per share, from $33.8M, or $0.59. The company invested $30.3M across 29 properties at an 8.0% initial cash yield and expanded its committed investment pipeline to more than $125M for 43 properties.
Getty strengthened its balance sheet by receiving $250.0M from a private placement of senior unsecured notes, fully repaying borrowings on its $450.0M revolving credit facility, and advancing a follow-on equity program expected to raise in total about $301M in gross proceeds. It also extended leases covering $11.3M of annualized base rent, pushing weighted average lease term to 10.1 years and reducing near-term expirations. Reflecting this momentum, the company raised its 2026 AFFO guidance to a range of $2.50–$2.52 per diluted share.
Getty Realty Corp: Amendment to a Schedule 13G filed by The Vanguard Group states that, after an internal realignment effective January 12, 2026, the registrant reports 0 shares beneficially owned and 0% of the class of Common Stock. The filing explains Vanguard disaggregated previously aggregated holdings so subsidiaries now report separately.
Getty Realty Corp. is asking stockholders to vote at its 2026 virtual annual meeting on April 21, 2026, on electing six directors, approving on an advisory basis named executive officer pay, and ratifying PricewaterhouseCoopers LLP as independent auditor for 2026.
Stockholders of record on February 25, 2026, when 59,816,531 common shares were outstanding, may vote, with each share entitled to one vote. The company highlights continued growth in Adjusted Funds From Operations per share, about $269.0 million of 2025 investment in 73 convenience- and automobility-focused properties, and over $290 million of new debt and equity capital raised while maintaining a Fitch BBB- rating and more than $500.0 million of liquidity.
The proxy also emphasizes an independent board (including an independent chairman), extensive ESG and human capital initiatives, and board-level oversight of cybersecurity, information security, climate-related financial risks, and generative AI within the company’s enterprise risk management framework.
Ryan Robert John reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp. senior vice president and chief investment officer Robert John Ryan received a grant of 20 shares of common stock on March 6, 2026 under the company’s anniversary share grant program. After this compensation-related award, he directly holds a total of 266 common shares.
Getty Realty Corp reported that its VP & Chief Accounting Officer, Eugene Shnayderman, acquired 16,400 Restricted Stock Units (RSUs) as a grant. Each RSU can be settled, at the Compensation Committee’s discretion, in either one share of common stock or cash equal to the share’s fair market value.
The RSUs vest in equal portions over five years starting on the first anniversary of the grant date, generally requiring continued service. Unvested RSUs fully vest if service ends without cause or upon death, and may vest upon retirement at the Committee’s discretion. After this award, Shnayderman holds 108,650 derivative securities tied to the company.
SAFENOWITZ HOWARD B reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp. director Howard B. Safenowitz received a grant of 7,000 Restricted Stock Units (RSUs) as a form of equity compensation. These RSUs were awarded for no cash consideration and increase his directly held RSU balance to 74,500 units.
Each RSU will be settled, at the Compensation Committee’s discretion, in either one share of common stock or cash equal to the share’s fair market value on the settlement date. The RSUs vest ratably over five years starting on the first anniversary of the grant, subject to continued board service and accelerated vesting in certain termination, death, or retirement scenarios under the company’s incentive plan.
Ryan Robert John reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp. executive receives equity-based compensation. Senior Vice President and Chief Investment Officer Robert John Ryan was granted 19,000 Restricted Stock Units (RSUs) on March 2, 2026. After this grant, he directly holds 113,500 RSUs.
Each RSU can be settled, at the Compensation Committee’s discretion, in either one share of common stock or cash equal to the share’s fair market value. The RSUs vest in equal installments over five years starting on the first anniversary of the grant, subject to continued service, with accelerated vesting upon certain termination events, death, or potential retirement conditions under the company’s incentive plan. The RSUs were received for no cash consideration.
Malanoski Mary Louise reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp. director Mary Louise Malanoski received a grant of 7,000 Restricted Stock Units (RSUs). The RSUs were awarded for no cash consideration and were reported as directly owned. Following this award, she holds a total of 59,000 RSUs.
The RSUs vest in equal installments over 5 years starting on the 1st anniversary of the 2026-03-02 grant date, generally requiring continued board service. Unvested RSUs fully vest upon death or certain involuntary departures, and may vest upon retirement at the Compensation Committee’s discretion. Each RSU is settled in either cash or common stock, at the Compensation Committee’s discretion, within 30 days after each vesting date.
Infurna Evelyn Leon reported acquisition or exercise transactions in this Form 4 filing.
Getty Realty Corp. director Evelyn Leon Infurna received a grant of 7,000 Restricted Stock Units (RSUs) on March 2, 2026 as an equity award. The RSUs were received for no cash consideration and increase her directly held derivative equity interest to 38,500 RSUs.
The RSUs vest in equal installments over five years starting on the first anniversary of the grant date, subject to her continued board service. Any unvested RSUs fully vest upon death or most involuntary terminations from the board, and may vest upon retirement at the Compensation Committee’s discretion. Each vested RSU is settled, within 30 days of vesting, in either one share of common stock or cash equal to the share’s fair market value, at the Compensation Committee’s discretion.