Chapman A. Larry 4

What Happened

• A. Larry Chapman, a director of Realty Income (ticker: O), received a grant of 3,214 common shares on 2026-05-21 under the company's incentive plan. The reported acquisition price was $0.00 (total value $0). Per the filing, the shares vested immediately and no consideration was paid.

Key Details

• Transaction date: 2026-05-21. Filing date: 2026-05-26 (appears filed after the standard 2-business-day window).
• Transaction type: A = Award/Grant.
• Shares granted: 3,214 at $0.00 (total $0).
• Vesting/consideration: Vested immediately; no cash paid (Footnote F1).
• Ownership/holding vehicle: Footnote F2 references The Chapman Family Trust dated March 18, 1998 (indicates holdings are reported via that trust).
• Shares owned after transaction: Not specified in the provided filing.

Context

• This was a compensatory award (not an open-market purchase or sale). Such immediate-vest grants transfer ownership to the insider but do not by themselves indicate a buy or sell sentiment by the insider. Retail investors should view awards primarily as compensation/dilution events rather than direct insider buying pressure.