Director Kamau Witherspoon adds 1,428 NNN REIT (NNN) shares from fees

Rhea-AI Filing Summary

NNN REIT, Inc. director Kamau Omari Witherspoon reported acquiring 1,428 shares of common stock on January 30, 2026. The shares were credited at a price of $41.82 each through a deferral and conversion of compensation for Board and Committee services under the company’s plan.

Following this transaction, Witherspoon beneficially owns 21,305 shares of NNN REIT common stock in direct form.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Witherspoon Kamau Omari

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,428	$41.82	$60K

Holdings After Transaction: Common Stock — 21,305 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^*

Witherspoon Kamau Omari

(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		1,428(1)	A	$41.82	21,305	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/ Kamau Omari Witherspoon	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 insider transaction did NNN (NNN) director Kamau Witherspoon report?

Director Kamau Omari Witherspoon reported acquiring 1,428 shares of NNN REIT common stock. The shares were credited on January 30, 2026 at $41.82 per share through a deferral and conversion of compensation for Board and Committee services under the company’s plan.

How many NNN REIT (NNN) shares does Kamau Witherspoon own after this Form 4?

After the reported transaction, Kamau Omari Witherspoon beneficially owns 21,305 shares of NNN REIT common stock. This figure reflects his direct holdings following the 1,428-share acquisition tied to deferred Board and Committee compensation converted into stock units.

What was the price per share in Kamau Witherspoon’s NNN REIT stock acquisition?

The acquired NNN REIT common shares were credited at a price of $41.82 per share. This price applies to the 1,428 shares received on January 30, 2026 through the deferral and conversion of compensation for his Board and Committee services.

How did Kamau Witherspoon acquire additional NNN REIT (NNN) shares?

Kamau Omari Witherspoon acquired the additional NNN REIT shares via a deferral under the company’s plan. Compensation otherwise payable for Board and Committee services was converted into stock units, resulting in the issuance of 1,428 shares of common stock credited to him.

Is Kamau Witherspoon a director or officer of NNN REIT (NNN)?

Kamau Omari Witherspoon is identified as a director of NNN REIT, Inc. in the filing. He is not listed as a company officer or 10% owner in this Form 4, and the reported holdings are shown as directly owned common stock.

What type of security is reported in Kamau Witherspoon’s NNN Form 4?

The Form 4 reports transactions in NNN REIT, Inc. common stock, a non-derivative security. No derivative securities such as options or warrants are shown as acquired or disposed of, and the table lists only the 1,428-share acquisition and resulting 21,305-share direct ownership.