[Form 4] REALTY INCOME CORP Insider Trading Activity

Rhea-AI Filing Summary

Redington Neale reported acquisition or exercise transactions in this Form 4 filing.

Realty Income Corp executive Neale Redington received an equity award of 10,753 shares of common stock. The grant was made as Restricted Stock Units under an incentive plan, with no cash consideration paid. Following this award, Redington directly owns 23,858 common shares.

The RSUs vest in equal installments over four years, meaning the shares become fully available gradually rather than all at once. This filing reflects a compensation-related stock grant, not an open-market purchase or sale.

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

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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^*

Redington Neale

(Last) (First) (Middle)

11995 EL CAMINO REAL

(Street)

SAN DIEGO CA 92130

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
REALTY INCOME CORP [ O ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		10,753(1)	A	$0	23,858	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. Restricted Stock Units granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.

Remarks:

Senior Vice President and Chief Accounting Officer

	/s/ Bianca Martinez, by Power of Attorney	02/19/2026
	** 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 Realty Income Corp (O) report for Neale Redington?

Realty Income reported an equity award to Neale Redington of 10,753 shares of common stock. This was a grant of Restricted Stock Units under an incentive plan, not an open-market trade, increasing his direct holdings to 23,858 shares.

Was cash paid for Neale Redington’s stock grant at Realty Income Corp (O)?

No cash was paid for this award. The filing states the 10,753 shares were granted as Restricted Stock Units through an incentive plan, with no consideration paid, making it a non-cash compensation grant rather than a market purchase.

How do Neale Redington’s Restricted Stock Units at Realty Income Corp (O) vest?

The 10,753 Restricted Stock Units vest ratably over four years. This means the award becomes available in equal portions each year, aligning the executive’s compensation with long-term performance rather than providing all shares immediately.

How many Realty Income Corp (O) shares does Neale Redington hold after this Form 4?

After the reported grant, Neale Redington directly holds 23,858 shares of Realty Income common stock. This total reflects the addition of 10,753 shares awarded as Restricted Stock Units through the company’s incentive compensation plan.

Does the Form 4 for Realty Income Corp (O) show a stock purchase or sale by Neale Redington?

The Form 4 does not show a purchase or sale. It reports an acquisition of 10,753 shares via a compensation grant coded as a grant or award, indicating a Restricted Stock Unit award rather than an open-market transaction.