Welcome to our dedicated page for NNN REIT SEC filings (Ticker: NNN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NNN REIT, Inc. (NYSE: NNN) SEC filings page provides access to the company’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. As an equity real estate investment trust, NNN uses its periodic reports and current reports to disclose financial performance, portfolio metrics, capital structure and material corporate events.
Through this page, you can review annual reports on Form 10-K and quarterly reports on Form 10-Q, which typically include detailed discussions of the company’s net lease real estate portfolio, occupancy, lease terms, acquisition and disposition activity, leverage and liquidity, as well as risk factors and management’s analysis. These filings also provide reconciliations for non-GAAP measures such as Funds From Operations (FFO), Core FFO, Adjusted Funds From Operations (AFFO) and EBITDAre that NNN highlights in its earnings releases.
Current reports on Form 8-K document significant events, such as the July 1, 2025 issuance of 4.600% senior unsecured notes due 2031, the December 17, 2025 entry into a senior unsecured delayed draw term loan facility, updates to the revolving credit agreement, earnings announcements, and changes in executive leadership or compensation arrangements. These filings outline key terms of new debt, covenant structures and other obligations that affect NNN’s balance sheet and financing flexibility.
In addition, this page can surface proxy statements and other governance-related documents, along with any Form 4 insider transaction reports when available, helping users analyze executive equity incentives and ownership changes. Real-time integration with EDGAR ensures that new NNN filings appear promptly, while AI-powered summaries highlight the most important sections, explain technical terms and point out items that may matter to shareholders, creditors and analysts reviewing NNN REIT, Inc.’s regulatory history.
NNN REIT, Inc. reported that long-time director Steven D. CoslerEdward J. Fritsch, a Board member since February 2012 and former President and CEO of publicly traded REIT Highwoods Properties, Inc., has been appointed to succeed him as Chair.
The company highlights Mr. Fritsch’s extensive REIT background, including prior service on the Nareit Board of Governors, his role as Nareit’s 2015–2016 national chair, and receipt of Nareit’s Industry Leadership Award in 2023. As of December 31, 2025, NNN owned 3,692 properties across all 50 states, the District of Columbia and Puerto Rico, with approximately 39.6 million square feet of gross leasable area and a weighted average remaining lease term of 10.2 years. NNN also notes it is one of only three publicly traded REITs to have increased annual dividends for 36 or more consecutive years.
NNN REIT, INC. executive Gina M. Steffens, EVP and General Counsel, received two stock awards of common stock. She was granted 5,320 shares and 24,828 shares at a reference price of
The 5,320-share grant will vest 25% each year from
NNN REIT, INC. executive Michelle Lynn Miller, EVP and Chief Accounting & Technology Officer, reported a mix of stock awards and a forfeiture of common shares. On February 17, 2026, she acquired 4,067 and 18,981 shares of common stock as grant or award acquisitions valued at
The filing also shows a disposition of 6,981 common shares to the issuer at a stated price of
NNN REIT EVP and CIO Joshua Phillip Lewis reported stock awards. On
The first grant will vest 25% each year from
NNN REIT, INC. President & CEO Stephen A. Horn Jr. reported stock-based compensation awards and a forfeiture. He acquired 37,803 shares of common stock at
He also acquired 176,413 performance-based shares at
Chao Vincent H. reported acquisition or exercise transactions in this Form 4 filing.
NNN REIT, INC. Executive Vice President and Chief Financial Officer Vincent H. Chao received two stock awards of common stock, totaling 54,546 shares, on February 17, 2026 at a reference price of
One grant of 9,626 shares will vest 25% each year from
NNN REIT, INC. executive vice president Jonathan Adamo reported stock awards of common shares. On the reported date, he acquired 6,510 shares and a separate 30,382-share award at a grant price of
After these awards, his directly held common stock increased to 132,358 shares. The filing notes that some shares vest 25% annually from
NNN REIT, Inc. reports another year of steady growth in 2025, expanding its net‑lease portfolio and maintaining high occupancy. The company owned 3,692 properties across all 50 states, D.C. and Puerto Rico, with about 39.6 million square feet and 98.3% leased, generating annualized base rent of $928,081,000.
NNN invested $931,017,000 in 239 property acquisitions and projects, at a 7.4% weighted average cap rate, while selling 116 properties for $190,474,000 and recognizing $48,220,000 of gains. Total revenues rose to $926,213,000, driven mainly by higher rental income from new investments.
As of December 31, 2025, total debt was approximately $4,820,424,000, with no secured borrowings and debt-to-gross-assets of about 42%. The company declared a quarterly dividend of $0.600 per share in January 2026 and highlighted 36 consecutive years of annual dividend increases.
NNN REIT, Inc. reported 2025 net earnings of $389.8 million, or $2.07 per diluted share, on revenues of $926.2 million. Core FFO and AFFO per diluted share each grew 2.7% to $3.41 and $3.44, while annualized base rent rose 7.8% to $928.1 million.
The company invested $931.0 million in 239 properties at a 7.4% initial cash cap rate and sold 116 properties for $190.5 million at a 6.4% cap rate. Occupancy was 98.3% across 3,692 properties with a weighted average remaining lease term of 10.2 years.
NNN ended 2025 with $4.9 billion of gross debt, a 4.2% weighted average interest rate, Net Debt to annualized EBITDAre of 5.6x, and fixed charge coverage of 4.1x, supported by $1.2 billion of liquidity. The annual dividend increased 3.1% to $2.36 per share, marking 36 consecutive years of dividend growth. Initial 2026 guidance calls for AFFO of $3.52–$3.58 per share and acquisitions of $550–$650 million.