FRITSCH EDWARD J 4
Research Summary
AI-generated summary
NNN REIT (NNN) Director Edward J. Fritsch Receives 833 Shares
What Happened
- Edward J. Fritsch, a director of NNN REIT, was granted 833 shares on 2026-04-30. The reported acquisition price per share is $43.52, for a total reported value of $36,252. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-30; filing date: 2026-05-01 (filed timely).
- Price per share: $43.52; total value: $36,252.
- Shares acquired: 833.
- Shares owned after transaction: not specified in the provided filing information.
- Footnote: Shares were issued pursuant to a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended in 2023.
- Transaction type: Non-derivative acquisition (award/grant).
Context
- This was a compensation-related stock award under the company’s incentive plan, which is a routine way companies pay directors or executives and does not by itself indicate market trading intent. Unlike open-market purchases, awards are granted as part of compensation or performance programs.