NNN REIT director acquires 1,607 shares through pay deferral

NNN REIT, Inc. director Kamau Omari Witherspoon acquired 1,607 shares of common stock on October 30, 2026, through deferral under the Plan and conversion into stock units of compensation otherwise payable for Board and Committee services.

Available on EDGAR 11/02/2026 - 04:30 PM EST Accepted by SEC EDGAR 11/02/2026 - 04:29 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

NNN REIT, Inc. director Kamau Omari Witherspoon acquired 1,607 shares of common stock on October 30, 2026, through deferral under the Plan and conversion into stock units of compensation otherwise payable for Board and Committee services. The transaction was reported at $41.52 per share; his direct holdings afterward were 25,656 shares.

Insider Trade Summary

Grant/Award: 1,607 shares

Grant/Award 1 txn

Insider Witherspoon Kamau Omari

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,607	$41.52	$67K

Holdings After Transaction: Common Stock — 25,656 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.

Key Figures

Common shares acquired: 1,607 shares Reported transaction price per share: $41.52 per share Direct holdings following transaction: 25,656 shares

3 metrics

Common shares acquired 1,607 shares October 30, 2026; compensation deferral and conversion into stock units

Reported transaction price per share $41.52 per share Transaction reported on October 30, 2026

Direct holdings following transaction 25,656 shares After the October 30, 2026 transaction

Key Terms

stock units, deferral under the Plan, compensation otherwise payable

3 terms

stock units financial

"conversion into stock units"

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 under the Plan financial

"Reflects the deferral under the Plan"

compensation otherwise payable financial

"compensation otherwise payable for Board and Committee services"

FAQ

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How many shares did an NNN director acquire?

NNN REIT director Kamau Omari Witherspoon acquired 1,607 common shares on October 30, 2026, in a transaction reported at $41.52 per share. His direct holdings afterward were 25,656 shares.

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

Form 4 Insider Transactions: What Each Field Means →

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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 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)
10/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/30/2026	10/30/2026	A		1,607(1)	A	$41.52	25,656	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	11/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)