Beall Pamela K.M. 4

What Happened

• Pamela K.M. Beall, a director of NNN REIT, Inc. (NNN), was granted/received 833 shares on April 30, 2026. The award is reported at $43.52 per share, for a total value of approximately $36,252. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date and price: April 30, 2026 — 833 shares at $43.52/share (total ~$36,252).
• Transaction type: Award/Grant (code A) under the company plan.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were issued pursuant to a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended in 2023 (see footnote F1).
• Filing date/timeliness: Form 4 filed May 1, 2026 (within the normal two-business-day reporting window).

Context

• This was a compensation-related stock award, which is common for directors; such awards are not the same as a director buying or selling shares in the open market and do not by themselves indicate a buy/sell signal.
• For retail investors, grants increase insider ownership but typically reflect compensation practices rather than an immediate view on the stock’s near-term prospects.