NNN REIT, INC. 8-K

What Happened
NNN REIT, Inc. filed an 8-K reporting the results of its May 12, 2026 annual meeting. All seven director nominees were elected to the board, stockholders approved an advisory (non‑binding) vote on executive compensation, and stockholders ratified Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026.

Key Details

• Director elections (each elected to serve until the next annual meeting):
  • Pamela K. M. Beall: 154,807,117 For (2,146,844 Against; 155,532 Abstain; 15,240,518 broker non‑votes)
  • David M. Fick: 153,485,821 For (3,470,236 Against; 153,436 Abstain; 15,240,518 broker non‑votes)
  • Edward J. Fritsch: 153,997,608 For (2,964,506 Against; 147,379 Abstain; 15,240,518 broker non‑votes)
  • Elizabeth C. Gulacsy: 155,583,125 For (1,352,666 Against; 173,702 Abstain; 15,240,518 broker non‑votes)
  • Betsy D. Holden: 153,648,879 For (3,314,363 Against; 146,251 Abstain; 15,240,518 broker non‑votes)
  • Stephen A. Horn, Jr.: 155,369,506 For (1,594,572 Against; 145,415 Abstain; 15,240,518 broker non‑votes)
  • Kamau O. Witherspoon: 155,344,706 For (1,581,794 Against; 182,993 Abstain; 15,240,518 broker non‑votes)
• Advisory vote on executive compensation: Approved 151,646,947 For; 5,056,586 Against; 405,960 Abstain; 15,240,518 broker non‑votes.
• Ratification of auditor: Ernst & Young LLP ratified as auditor for fiscal 2026 with 169,884,257 For; 2,202,123 Against; 263,631 Abstain. (No broker non‑votes on this proposal.)

Why It Matters
These outcomes confirm the company’s current board slate and governance direction for the coming year and show shareholder support for the named executive officers’ compensation on an advisory basis. Ratification of Ernst & Young as auditor provides continuity for the Company’s financial reporting for fiscal 2026. Investors tracking governance, board composition, or potential changes in oversight can treat these votes as indicators of shareholder sentiment and board stability.