STOCK TITAN

NNN REIT director Gulacsy (NYSE: NNN) granted 1,039 deferred shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NNN REIT director Elizabeth Gulacsy reported a grant of 1,039 shares of Common Stock on July 31, 2026 at $48.14 per share. Under the company plan, this reflects deferral and conversion of board and committee fees into stock units. Following the award she directly holds 17,772 shares.

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Insider Gulacsy Elizabeth
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 1,039 $48.14 $50K
Holdings After Transaction: Common Stock — 17,772 shares (Direct)
Footnotes (1)
  1. F1. Reflects the deferral under the Plan and conversion into stock units of compensation otherwise payable for Board and Committee services.
Shares granted 1,039 shares Grant of Common Stock on July 31, 2026
Grant price $48.14 per share Value attributed to the 1,039-share award
Post-transaction holdings 17,772 shares Direct holdings after the reported transaction
Transaction date July 31, 2026 Date of the reported grant of Common Stock
stock units financial
"conversion into stock units of compensation otherwise payable"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferral financial
"Reflects the deferral under the Plan and conversion into stock units"
Board and Committee services financial
"compensation otherwise payable for Board and Committee services"
Common Stock financial
"security title: Common Stock reported in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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

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FAQ

What insider transaction did Elizabeth Gulacsy report for NNN REIT (NNN)?

Elizabeth Gulacsy, a director of NNN REIT, reported a grant of 1,039 shares of Common Stock on July 31, 2026. The award reflects deferred board and committee fees converted into stock units, increasing her direct holdings to 17,772 shares, according to the Form 4.

How many NNN REIT (NNN) shares were granted to Elizabeth Gulacsy and at what price?

The Form 4 shows a grant of 1,039 shares of NNN REIT Common Stock to director Elizabeth Gulacsy at a value of $48.14 per share. This value represents compensation converted into equity rather than a cash payment for board and committee service.

What are Elizabeth Gulacsy’s NNN REIT (NNN) holdings after this Form 4 transaction?

After the reported grant, Elizabeth Gulacsy directly holds 17,772 shares of NNN REIT Common Stock. This total includes the newly credited 1,039-share award arising from the deferral and conversion of her board and committee compensation into stock units under the company plan.

Was the NNN REIT (NNN) Form 4 transaction a market purchase or a fee deferral?

The transaction represents a fee deferral, not a market purchase. The footnote explains it reflects deferral under the company plan and conversion into stock units of compensation that otherwise would have been paid in cash for Board and Committee services.

Was Elizabeth Gulacsy’s NNN REIT (NNN) transaction made under a Rule 10b5-1 trading plan?

No. The Form 4’s Rule 10b5-1 checkbox is not affirmed, indicating the reported grant was not made pursuant to a Rule 10b5-1 trading plan. It instead arises from the company’s compensation deferral and stock unit conversion arrangement for directors.
SEC Form 4
FORM 4UNITED 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*
Gulacsy Elizabeth

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/31/202607/31/2026A1,039(1)A$48.1417,772D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the deferral under the Plan and conversion into stock units of compensation otherwise payable for Board and Committee services.
/s/ Elizabeth C. Gulacsy08/03/2026
** Signature of Reporting PersonDate
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)