NNN REIT (NYSE: NNN) director receives 1,118-share stock award

Rhea-AI Filing Summary

NNN REIT, INC. director Edward J. Fritsch acquired 1,118 shares of common stock on July 31, 2026 at $48.14 per share as a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended in 2023, in a transaction described as 16-b. Following this award, he directly holds 65,614 shares of NNN REIT common stock.

Insider Trade Summary

Net Buyer: 1,118 shares

Net Buy 1 txn

Insider FRITSCH EDWARD J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,118	$48.14	$54K

Holdings After Transaction: Common Stock — 65,614 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares awarded: 1,118 shares Award price per share: $48.14 per share Shares held after transaction: 65,614 shares

3 metrics

Shares awarded 1,118 shares Common stock granted to director on July 31, 2026

Award price per share $48.14 per share Valuation applied to the 1,118-share stock award

Shares held after transaction 65,614 shares Director’s direct NNN REIT common stock holdings following the award

Key Terms

stock award, NNN REIT 2017 Performance Incentive Plan, 16-b

3 terms

stock award financial

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

NNN REIT 2017 Performance Incentive Plan financial

"award under the NNN REIT 2017 Performance Incentive Plan, as amended by"

16-b regulatory

"as amended by Amendment No. 1 in 2023, in a transacton 16-b."

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 04:12 PM Accepted by SEC EDGAR 08/03/2026 - 04:12 PM Learn about SEC filing dates

FAQ

What insider transaction did NNN (NNN) report for Edward J. Fritsch?

Director Edward J. Fritsch received a stock award of 1,118 NNN REIT common shares on July 31, 2026 at $48.14 per share. The award was granted under the NNN REIT 2017 Performance Incentive Plan, as amended in 2023, and is described as a transaction 16-b.

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

After the reported stock award, Edward J. Fritsch directly holds 65,614 shares of NNN REIT common stock. This figure reflects his position immediately following the July 31, 2026 grant of 1,118 shares under the company’s 2017 Performance Incentive Plan.

What was the price per share for Edward J. Fritsch’s NNN (NNN) stock award?

The reported stock award to Edward J. Fritsch was valued at $48.14 per share. This price applies to the 1,118 shares of NNN REIT common stock granted on July 31, 2026 under the 2017 Performance Incentive Plan, as amended in 2023.

Under which plan was the NNN (NNN) director’s stock award granted?

The shares were granted under the NNN REIT 2017 Performance Incentive Plan, as amended by Amendment No. 1 in 2023. The footnote explains that the 1,118 shares were acquired pursuant to a stock award made under this incentive compensation plan.

Was the NNN (NNN) director’s Form 4 transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, indicating the reported July 31, 2026 stock award to Edward J. Fritsch was not identified as executed pursuant to a Rule 10b5-1 trading arrangement.

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)
07/31/2026

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	07/31/2026	07/31/2026	A		1,118(1)	A	$48.14	65,614	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. 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	08/03/2026
	** 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)