NNN REIT (NYSE: NNN) director receives 833-share stock award grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NNN REIT, INC. director Edward J. Fritsch reported receiving a stock award of 833 shares of common stock on April 30, 2026. The award was valued at $43.52 per share and was granted under the NNN REIT 2017 Performance Incentive Plan.

After this equity grant, Fritsch directly owns 64,496 shares of NNN REIT common stock. This is a compensation-related acquisition classified as a grant or award, not an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FRITSCH EDWARD J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	833	$43.52	$36K

Holdings After Transaction: Common Stock — 64,496 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock award size: 833 shares Award value per share: $43.52 per share Shares owned after grant: 64,496 shares

3 metrics

Stock award size 833 shares Common Stock granted on April 30, 2026

Award value per share $43.52 per share Reference price for the 833-share grant

Shares owned after grant 64,496 shares Director’s direct holdings following the transaction

Key Terms

stock award, NNN REIT 2017 Performance Incentive Plan, Grant, award, or other acquisition, transaction 16-b

4 terms

stock award financial

"Shares were acquired pursuant to a stock award under the NNN REIT 2017 Performance Incentive Plan"

NNN REIT 2017 Performance Incentive Plan financial

"under the NNN REIT 2017 Performance Incentive Plan, as amended by Amendment No. 1 in 2023"

Grant, award, or other acquisition regulatory

"transaction_code_description: Grant, award, or other acquisition"

transaction 16-b regulatory

"in a transacton 16-b."

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 04:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FRITSCH EDWARD J

(Last)

(First)

(Middle)

450 S. ORANGE AVE., SUITE 900

(Street)

ORLANDO

FLORIDA

32801

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NNN REIT, INC. [ NNN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026	04/30/2026	A		833⁽¹⁾	A	$43.52	64,496	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares were acquired pursuant to a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended by Amendment No. 1 in 2023, in a transacton 16-b.

	/s/ Edward J. Fritsch	05/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did NNN (NNN REIT, INC.) report on this Form 4?

NNN REIT reported that director Edward J. Fritsch received a stock award of 833 common shares. The award was granted on April 30, 2026 under the company’s 2017 Performance Incentive Plan, reflecting routine equity-based director compensation rather than an open-market trade.

At what price was the NNN REIT (NNN) stock award to Edward J. Fritsch valued?

The 833-share stock award to Edward J. Fritsch was valued at $43.52 per share. This per-share value is used for reporting the equity grant on the Form 4 and reflects the reference price for this compensation-related acquisition.

How many NNN REIT (NNN) shares does Edward J. Fritsch hold after this grant?

Following the 833-share stock award, Edward J. Fritsch directly holds 64,496 shares of NNN REIT common stock. This figure represents his post-transaction ownership reported on the Form 4 and provides context for the scale of the equity grant.

Was the NNN (NNN REIT, INC.) Form 4 transaction a market buy or sell?

The Form 4 reports a grant or award acquisition, not a market buy or sell. Edward J. Fritsch received 833 shares as a stock award under the NNN REIT 2017 Performance Incentive Plan, categorized as compensation rather than an open-market transaction.

Under which plan was the NNN (NNN REIT, INC.) stock award to Fritsch granted?

The stock award to Edward J. Fritsch was granted under the NNN REIT 2017 Performance Incentive Plan, as amended by Amendment No. 1 in 2023. The footnote describes the grant as a stock award made in a transaction 16-b under this incentive plan.