Roy Sumit 4
4 · REALTY INCOME CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Realty Income (O) CEO Roy Sumit Sells Shares for Tax Withholding
What Happened Roy Sumit, President, CEO and Director of Realty Income (ticker: O), had shares withheld/disposed on February 15, 2026 to satisfy tax obligations related to equity issuances. The filing reports two withholding disposals: 4,547 shares at $65.66 each for $298,556, and 4,657 shares at $65.66 each for $305,779 — a combined 9,204 shares and roughly $604,335 in value. These transactions are reported as "payment of exercise price or tax liability" (code F), i.e., automatic withholding rather than an open-market sale for investment purposes.
Key Details
- Transaction dates: February 15, 2026; Form 4 filed February 18, 2026 (appears to be timely reporting).
- Prices and amounts: 4,547 shares @ $65.66 = $298,556; 4,657 shares @ $65.66 = $305,779; total ≈ $604,335.
- Shares owned after transaction: Not specified in the excerpt provided.
- Relevant footnotes:
- F1: Indicates shares automatically withheld upon issuance of 8,428 shares on Feb 15, 2026, based on applicable tax withholding rules.
- F3: Indicates shares automatically withheld upon issuance of 8,631 shares on Feb 15, 2026.
- F2: Price ($65.66) reflects the NYSE closing sale price on Feb 13, 2026.
- Transaction type: Tax-withholding/cashless disposition (routine administrative action, not a discretionary sale coded as S).
Context These disposals reflect automatic withholding to cover taxes associated with equity awards or option exercises. This is a common, administrative action by companies and does not necessarily indicate a change in the insider’s investment view. For retail investors, purchases or open-market buys are generally more informative; tax withholding disposals are routine and often accompany newly issued shares to insiders.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-15$65.66/sh−4,547$298,556→ 353,167 total - Tax Payment
Common Stock
[F3][F2]2026-02-15$65.66/sh−4,657$305,779→ 348,510 total
Footnotes (3)
- [F1]Represents shares automatically withheld upon the issuance of 8,428 shares of common stock on February 15, 2026, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.
- [F2]Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 13, 2026.
- [F3]Represents shares automatically withheld upon the issuance of 8,631 shares of common stock on February 15, 2026, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.