NNN REIT (NNN) director David Fick receives 1,833 shares from deferred fees

Rhea-AI Filing Summary

NNN REIT director David M. Fick acquired 1,833 shares of common stock on January 30, 2026. These shares reflect a deferral under a company plan, converting compensation for Board and Committee services into stock units at $41.82 per share. Following this transaction, he beneficially owned 69,178 shares of NNN REIT common stock in direct form.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FICK DAVID M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,833	$41.82	$77K

Holdings After Transaction: Common Stock — 69,178 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

FICK DAVID M

(Last) (First) (Middle)

450 S. ORANGE AVE., SUITE 900

(Street)

ORLANDO FL 32801

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026	01/30/2026	A		1,833(1)	A	$41.82	69,178	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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/ David M. Fick	02/02/2026
	** 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.

FAQ

What did NNN (NNN REIT, Inc.) disclose in this Form 4 filing?

The filing shows director David M. Fick acquired 1,833 NNN REIT common shares on January 30, 2026. The shares came from deferring Board and Committee compensation into stock units at $41.82 per share.

How many NNN REIT (NNN) shares does David M. Fick own after this transaction?

After the reported transaction, director David M. Fick beneficially owned 69,178 shares of NNN REIT common stock. The filing classifies this ownership as direct, meaning the shares are held in his own name rather than through another entity.

Was the NNN (NNN REIT) insider transaction an open-market purchase or compensation-related?

The transaction was compensation-related, not an open-market purchase. A footnote explains the 1,833 shares reflect the deferral under a plan and conversion of Board and Committee fees into stock units at $41.82 per share.

What is the price per share for the NNN REIT stock units received by David M. Fick?

The 1,833 NNN REIT stock units credited to director David M. Fick were valued at $41.82 per share. This price is used for converting his deferred Board and Committee compensation into common stock units under the company’s plan.

What role does David M. Fick hold at NNN REIT, Inc. (NNN)?

David M. Fick is identified in the filing as a director of NNN REIT, Inc. The Form 4 indicates he is not reported as an officer or 10% owner, and the form is filed solely on his behalf as one reporting person.