Realty Income (O) CFO awarded 7,110 restricted shares and units

Rhea-AI Filing Summary

Pong Jonathan reported acquisition or exercise transactions in this Form 4 filing.

REALTY INCOME CORP executive Jonathan Pong received an equity award of 7,110 shares of common stock. The grant was reported as a restricted share and unit award made at no cash cost to him under an incentive plan and vests in equal parts over four years.

After this award, Pong directly holds 43,291 shares of Realty Income common stock. This filing reflects routine executive compensation in stock rather than 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^*

Pong Jonathan

(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)
	EVP, CFO & Treasurer

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		7,110(1)	A	$0	43,291	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. Represents Restricted Share and Unit Awards granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.

Remarks:

	/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).
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FAQ

What did REALTY INCOME CORP EVP & CFO Jonathan Pong report on this Form 4 for O?

Jonathan Pong reported receiving 7,110 shares of REALTY INCOME CORP common stock as a restricted share and unit award. The equity was granted under an incentive plan and involved no cash payment, reflecting stock-based executive compensation rather than a market trade.

Was Jonathan Pong’s 7,110-share transaction in REALTY INCOME (O) a purchase or a grant?

The 7,110-share transaction was a grant, not a market purchase. It is classified as a restricted share and unit award under an incentive plan, provided at no consideration, and will vest over time rather than being bought on the open market.

How many REALTY INCOME CORP shares does Jonathan Pong own after this Form 4 transaction for O?

After the grant, Jonathan Pong directly holds 43,291 shares of REALTY INCOME CORP common stock. This total includes the newly awarded 7,110 restricted shares and units, which are subject to vesting conditions over a four-year period.

What are the vesting terms of Jonathan Pong’s 7,110-share award in REALTY INCOME (O)?

The 7,110 restricted shares and units vest ratably over four years. That means the award becomes fully earned in stages each year rather than immediately, aligning the executive’s compensation with longer-term company performance and retention.

Did Jonathan Pong pay any price per share for the 7,110 REALTY INCOME CORP shares granted?

No cash was paid for these 7,110 shares. The Form 4 notes they are restricted share and unit awards granted through an incentive plan at zero price per share, representing compensation rather than an out-of-pocket investment by the executive.