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.
NNN REIT, Inc. filings document the formal disclosure record for a Maryland real estate investment trust focused on long-term net-leased retail properties. Its 8-K reports furnish quarterly and annual operating results, supplemental data, portfolio metrics, dividends, capital actions, and other material events related to the company’s REIT operations.
The filing record also includes proxy materials covering board governance, director matters, executive compensation and shareholder voting items. Other disclosures address unsecured term loan agreements, borrowing capacity, interest-rate mechanics, restrictive and financial maintenance covenants, REIT federal income tax matters, dividend tax treatment, capital structure, exhibits, and interactive data filings.
NNN REIT, Inc. reported a Board succession move, appointing Christina Chiu and Charles “Chaz” D. Mueller, Jr. to its Board of Directors effective October 1, 2026, following a Governance and Nominating Committee recommendation. This staged refresh prepares for long-time director Betsy D. Holden retiring from the Board on February 19, 2027.
Both new directors are expected to serve on the Audit Committee. Chiu currently serves as President of Empire State Realty Trust and has prior senior roles at Morgan Stanley. Mueller serves on the Board of Trustees of Vivmark Residential and has decades of multifamily REIT and property management leadership experience. NNN describes its strategy as investing in high-quality properties under long-term net leases; as of June 30, 2026 it owned 3,774 properties totaling 40.4 million square feet of gross leasable area with a 10.1-year weighted average remaining lease term.
AQR Capital Management, LLC and its parent AQR Capital Management Holdings, LLC reported beneficial ownership of 9,773,107 shares of NNN REIT, Inc. common stock, representing 5.14% of the class. All reported shares are held with shared rather than sole power to vote and dispose. Each entity reports shared voting power over 9,643,666 shares and shared dispositive power over 9,773,107 shares, with no sole voting or sole dispositive power. AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC, and the filing is made jointly on behalf of both entities.
NNN REIT, Inc. entered into a new Equity Distribution Agreement with a syndicate of banks and broker-dealers, replacing its August 3, 2023 equity distribution agreement. Under this program, the company may, from time to time, issue and sell up to 25,000,000 shares of common stock through the agents as sales agents or directly to them as principals at prices agreed at the time of sale.
The company also plans to use related Master Forward Confirmations to enter forward sale agreements, allowing contingent and non-contingent forward transactions in which forward purchasers borrow and sell shares. NNN REIT expects to generally physically settle fixed share forward transactions to receive cash equal to the underlying shares multiplied by the forward sale price, but it may elect cash or net share settlement instead. Agents and forward purchasers are entitled to commissions of up to 2.0% of the relevant sale or forward price.
NNN REIT, Inc. is establishing an at-the-market equity program to offer and sell up to 25,000,000 shares of common stock through multiple agents and related forward sale agreements, including contingent and non-contingent structures. The company may receive proceeds upon physical settlement of fixed share forward transactions and direct share sales, with agent and forward selling commissions of up to 2.0% of gross sales prices or initial forward sale prices. As of June 30, 2026, NNN owned 3,774 properties totaling about 40,440,000 square feet, with 99.1% of properties leased, and had approximately $5.0 billion of outstanding indebtedness, including a $28,500,000 revolving credit facility balance and a $500,000,000 senior unsecured term loan.
NNN REIT Inc is reported to have a significant institutional shareholder. FMR LLC and Abigail P. Johnson jointly report 11,436,860.54 shares of NNN REIT Inc common stock as beneficially owned, representing 6.0% of the class as of June 30, 2026.
FMR LLC has 11,171,750.88 shares of sole voting power and 11,436,860.54 shares of sole dispositive power, with no shared voting or dispositive power. Abigail P. Johnson reports sole dispositive power over 11,436,860.54 shares and no voting power. One or more other persons may receive dividends or sale proceeds tied to these shares, but no other person holds more than five percent of the outstanding common stock.
NNN REIT, Inc., a Maryland corporation and fully integrated REIT, has filed an automatic shelf registration statement on Form S-3 as a well-known seasoned issuer. The base prospectus allows the company to offer, from time to time after effectiveness, debt securities, preferred stock, depositary shares, common stock, stock purchase contracts, rights, warrants and units in one or more series, with specific terms to be set in future prospectus supplements.
Common stock trades on the NYSE under symbol NNN; on August 4, 2026, the last reported sale price was $47.17 per share. As of June 30, 2026, NNN REIT owned 3,774 properties across all 50 states, the District of Columbia and Puerto Rico, totaling about 40,440,000 square feet of gross leasable area, with a weighted average remaining lease term of 10.1 years and 99.1% of properties leased. Authorized capital includes 375,000,000 common shares, 15,000,000 preferred shares and 390,000,000 excess shares; 191,931,110 common shares and no preferred shares were outstanding as of June 30, 2026.
NNN REIT, Inc. reported Q2 2026 rental income of $242.7 million and total revenues of $244.3 million, up from $226.8 million a year earlier. Net earnings were $97.9 million, or $0.52 per diluted share, compared with $100.5 million, or $0.54 per share.
For the first six months of 2026, total revenues were $484.7 million and net earnings were $191.9 million, or $1.01 per diluted share. The company owned 3,774 properties across all 50 states, totaling 40.44 million square feet, with 99.1% leased and a weighted average remaining lease term of 10.1 years.
NNN invested $436.4 million in 130 property acquisitions and development projects in the first half, while selling 51 properties for $72.6 million, generating gains of $21.3 million and recording $18.7 million of real estate impairments. Operating cash flow was $328.6 million. Total debt was $5.0 billion, including a fully drawn $500 million term loan and $28.5 million on the $1.2 billion credit facility, which had $1.17 billion of remaining capacity. The company paid common dividends of $1.20 per share year to date and declared a $0.62 per share dividend payable in August 2026.
NNN REIT reported second‑quarter and six‑month 2026 results with revenues of $244,266 and net earnings of $97,924, or $0.52 per diluted share. Core FFO and AFFO were $168,187 and $170,020, or $0.89 and $0.90 per diluted share, with per‑share Core FFO and AFFO up 6.0% and 5.9% from the prior year.
The portfolio reached 99.1% occupancy with 3,774 properties and ABR of $959,145. In the quarter the company invested $291,009 in 89 property acquisitions at a 7.3% weighted average cap rate and sold 26 properties for $36,734. As of June 30, 2026, the real estate portfolio totaled approximately 40.4 million square feet with a 10.1‑year weighted average remaining lease term.
NNN drew its incremental $200 million term loan, bringing Gross Debt to $5,078,500, with a 4.2% weighted average interest rate and $1.4 billion of available liquidity. The company entered forward sale agreements for 5,999,528 shares and issued 1,681,785 shares for $74.0 million in net proceeds. The board declared a quarterly dividend of $0.62 per share for third‑quarter 2026, a 3.3% increase and the 37th consecutive annual dividend raise, and increased 2026 Core FFO and AFFO per share guidance to $3.50 - $3.54 and $3.55 - $3.59, with acquisition volume guidance of $700 - $800 million.
NNN REIT, INC. director Kamau Omari Witherspoon reported an acquisition of 1,353 common-stock-equivalent units on July 31, 2026 at a reference value of $48.14 per unit. This reflects deferred Board and Committee compensation converted into stock units, bringing his direct holdings to 24,049 shares.
NNN REIT director Betsy D. Holden reported a grant/award acquisition of 1,217 stock units of common stock on July 31, 2026 at $48.14 per unit. The award reflects deferral of board and committee fees under a company plan, bringing her direct holdings to 36,003 shares.